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.
Related Articles
TradFi Rise Alert: USDKRW (US Dollar vs South Korean won) Rises Over 1%
Gate News: According to the latest Gate TradFi data, USDKRW (US Dollar vs South Korean won) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews6m ago
ECB Governing Council Member Kochler Emphasizes Medium and Long-Term Inflation Expectations for Rate Decisions
ECB Governing Council Member Kochler stated that medium and long-term inflation expectations are more important for interest rate decisions than near-term figures. While these expectations have not shown major changes to date, there are initial signs of some shifts
GateNews7m ago
Goldman Sachs Forecasts Two 25bp Rate Hikes for South Korea in Q3, Q4 2026 Amid AI Export Boom
According to Goldman Sachs economists led by Tilton, South Korea's central bank faces pressure to raise rates by 25 basis points each in the third and fourth quarters of 2026, driven by surging chip and AI-related exports. The bank predicts AI-related exports could triple this year, reaching
GateNews13m ago
Bank of America Shifts Fed Rate Cut Forecast to July and September 2027, 25 Basis Points Each
According to Bank of America Global Research, cited by Golden Ten, the Federal Reserve is now expected to cut rates by 25 basis points each in July and September 2027. This marks a shift from the bank's previous forecast, which projected rate cuts in September and
GateNews16m ago
'A Lot Further to Go': Ex-Goldman Strategist Predicts a Massive Breakout for the Brazilian Real
Robin Brooks, Senior Fellow at The Brookings Institution and former Chief FX Strategist at Goldman Sachs, believes the Brazilian Real is poised to grow, as the currency’s value has been consistently rising since 2025. Two key drivers will benefit the Brazilian real: the end of the Middle East
Coinpedia1h ago
CNH HIBOR One-Week and Two-Week Rates Hit Four-Week Highs at 1.45591% on May 11
According to Golden Finance, offshore CNH HIBOR rates showed mixed movement on Monday (May 11), with one-week and two-week rates rising to 1.45591%, hitting four-week highs. Overnight HIBOR declined 19 basis points to 1.30000%, moving away from one-month highs, while one-year HIBOR edged down to 1.7
GateNews1h ago
