In an interview with Expresso, ECB Vice President Luis de Guindos reaffirmed the central bank’s cautious approach regarding rate cuts in the upcoming meetings. He stressed that ECB remains “fully committed” to a data-dependent strategy, making decisions on a “meeting-by-meeting” basis.
While he acknowledged the possibility of cuts in both October and December, De Guindos highlighted that December would provide a clearer picture. “We will have more information and a new round of projections,” he noted.
Nevertheless, he emphasized ECB plans to keep “all options open” to retain flexibility, with future moves hinging entirely on evolving economic data.
![Pinterest](https://pinterest.com/pin/create/button/?url=https://www.actionforex.com/live-comments/568651-ecbs-de-guindos-keeps-all-option-open-data-will-drive-future-rate-cuts/&media=https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb13.jpg&description=In an interview with Expresso, ECB Vice President Luis de Guindos reaffirmed the central bank's cautious approach regarding rate cuts in the upcoming meetings. He stressed that ECB remains "fully committed" to a data-dependent strategy, making decisions on a "meeting-by-meeting" basis.){kind=link}