Guindos Sees Appropriate the Level of Types but Warns that Geopolitical Tension Already Affects Investment

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The Vice-President of the European Central Bank (ECB), Luis de Guindos, considers that interest rates are at an appropriate level at the current 2% set for the deposit rate, the reference that marks the cost of financing for families and companies. However, the number 'two' of the entity has recognized that there is "enormous uncertainty" linked to geopolitical events that is already having an impact on the investment decisions of companies. "In…

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The Vice-President of the European Central Bank (ECB), Luis de Guindos, warned of the paradigm shift that is taking place in international relations and of the high uncertainty, which reflects a recovery of consumption in the euro area "much less intense" than expected, since families have doubts about the future in the face of potential tax increases to reduce the debt and deficit levels of countries. "Families are keeping their savings rate to…