Latest news with #LuisdeGuindos
Bloomberg
26-05-2025
- Business
- Bloomberg
ECB to Reach 2% Inflation ‘Relatively Quickly,' Guindos Says
The European Central Bank will achieve its goal for consumer-price growth in the coming months, according to Vice President Luis de Guindos. 'We think that relatively quickly we'll be in a situation in which we'll reach our price-stability definition, 2%, symmetric, medium term and in a stable way,' Guindos told an event Thursday in Madrid. 'That's the good news.'
Yahoo
22-05-2025
- Business
- Yahoo
In Full: ECB's Guindos on Inflation, Financial Stability
European Central Bank Vice President Luis de Guindos discusses the ECB's Financial Stability Review, in which it warned that heightened investor concern over the riskiness of US assets could further jolt the world's financial system. Talking with Bloomberg's Alexander Weber on May 22 in Frankfurt, Guindos also comments on the outlook for inflation, monetary policy and the euro-zone economy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
22-05-2025
- Business
- Bloomberg
In Full: ECB's Guindos on Inflation, Financial Stability
European Central Bank Vice President Luis de Guindos discusses the ECB's Financial Stability Review, in which it warned that heightened investor concern over the riskiness of US assets could further jolt the world's financial system. Talking with Bloomberg's Alexander Weber on May 22 in Frankfurt, Guindos also comments on the outlook for inflation, monetary policy and the euro-zone economy. (Source: Bloomberg)
Bloomberg
21-05-2025
- Business
- Bloomberg
ECB's Guindos Sees Inflation Target Hit Sooner Rather Than Later
The European Central Bank isn't far from achieving its 2% inflation target, helped by a stronger euro and falling energy costs, according to Vice President Luis de Guindos. Those two factors will give a 'downward push' to the retreat in consumer prices in the 20-nation euro zone, the Spanish official told Bloomberg Television. The impact of US tariffs is less clear but will be deflationary in the short term, he said.
Yahoo
21-05-2025
- Business
- Yahoo
ECB has no doubt Fed will continue to supply dollars abroad
FRANKFURT (Reuters) -European Central Bank supervisors are analysing the dollar exposure of euro zone banks but there is no doubt the U.S. Federal Reserve will continue to supply liquidity at times of stress, ECB vice president Luis de Guindos said on Wednesday. U.S. President Donald Trump's recent attacks on the Fed have raised question about the U.S. central bank's independence and its long-standing commitment to ensuring that foreign banks don't run out of dollars when funding markets dry up. De Guindos said the ECB's supervisory arm was looking into this risk but he was confident that so-called swap lines between the Fed and major central banks, including the ECB, had been beneficial for both sides and would continue. "The agreement that we have with the Federal Reserve, I do not have any doubts that will continue being an important pillar for financial stability globally," de Guindos told a press conference as he presented the ECB's Financial Stability Review(FSR) "These agreements, these swap lines, have been very positive for financial stability on both sides of the Atlantic." Reuters exclusively reported last week that ECB supervisors had asked some banks to assess their need for U.S. dollars in times of stress and particularly if the Fed withdrew the swap lines. So far, however, banks' funding markets such as repurchase agreements (repo) and foreign exchange (fx) swaps had remained calm despite trade-related turmoil in other asset classes. "Market functioning has been orderly," the ECB said in its FSR. "Neither have there been any signs of impaired access to foreign currency funding via repo and FX swap markets, despite the volatility seen in other market segments." Sign in to access your portfolio
