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18.06.2024

ECB's vice president de Guindos: Best time to make rate decisions is together with updated projections

European Central Bank vice president Luis de Guindos said on Tuesday that he thinks the best time to make rate decisions is together with updated projections. 

He noted that the ECB's projections are updated every three months, adding those are the most significant and interesting moments from the point of view of monetary policy, as the projections are a very important indicator when it comes to deciding on interest rates. 

De Guindos also admitted that the ECB policymakers will have new projections in September.

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