European Central Bank Vice President Luis de Guindos said the banking sector is “going through a period of very high uncertainty” that dictates a meeting-by meeting approach on interest rate policy with no pre-commitment to a specific action.
“We are open-minded with respect to the future,” the Spanish banker said in an interview with Business Post posted on the ECB’s website on Sunday.
Source : ECB Rate Policy Moves Affected by Bank Turmoil, Says Guindos