Guindos keeps the door open for the ECB to cut interest rates in October.
◻️The European Central Bank will have better information in December to make a decision on a possible rate cut, but is keeping the door open for October, ECB Vice President Luis de Guindos told Portuguese newspaper Expresso in an interview.
◼️“It would be fair to say that we will have more information in December than in October. We will have more information and a new round of forecasts. But you know, we have left the door completely open. We want to keep our options,” de Guindos said, according to Expresso on Friday.
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