The Vice President of the European Central Bank, Luis de Guindos, has stated that interest rates are expected to decrease further. He emphasized the importance of caution due to uncertainties such as trade tensions and global conflicts.

Guindos made it clear that the ECB will continue to ease its monetary policy in the coming months and quarters. However, he also urged officials to proceed with extreme prudence, considering the challenges in the current economic landscape that could affect the effectiveness of monetary policy adjustments. Careful consideration will be necessary to maintain stability in the financial markets as the ECB navigates these complexities.