金色财经|May 11, 2026 04:42
[European Central Bank's Guindos Calls for 'Caution' on Interest Rates, Says War Will Impact Economy]
Reported by Golden Finance, on May 11, European Central Bank Vice President Luis de Guindos stated that caution should be exercised when considering raising interest rates, as the full impact of the Iran war on economic expansion has yet to materialize. In an interview published on Monday, Guindos noted that energy shocks typically reflect more quickly in inflation indicators than in economic growth indicators, and he said he expects the upcoming economic activity data to show 'poor conditions.'
'Therefore, I call for caution: in the coming weeks, the impact on economic growth will become more evident,' the Spanish official said. 'Moreover, we need a clearer resolution to this conflict.' His term will end later this month. (Sina Finance)
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