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MNI BRIEF: "Door Wide Open" for October ECB Rate Cut - Guindos

ECB VP says December will see more data available, but October still in play depending on data.

MNI (ROME) - The European Central Bank has left "the door totally open" for a potential interest rate cut at its October meeting, ECB Vice President Luis de Guindos said in an interview with Expresso on Friday.

However, he noted that while the ECB remains flexible, it will have more data and fresh projections by the time of the December meeting, but any decision will depend on how the economic data evolves.

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MNI (ROME) - The European Central Bank has left "the door totally open" for a potential interest rate cut at its October meeting, ECB Vice President Luis de Guindos said in an interview with Expresso on Friday.

However, he noted that while the ECB remains flexible, it will have more data and fresh projections by the time of the December meeting, but any decision will depend on how the economic data evolves.

Keep reading...Show less