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ECB Vice President Guindos Calls for Caution on Interest Rates Amid Iran War Impact

GateNews

2026-05-11 04:25:38

According to the Financial Times, European Central Bank Vice President Luis de Guindos called for caution when considering interest rate increases, citing ongoing impacts from the Iran war on economic expansion. Guindos noted that energy shocks typically affect inflation indicators faster than economic growth metrics, and expressed concern that upcoming economic activity data would likely show deterioration. He also emphasized the importance of reopening the Strait of Hormuz for economic stability.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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