ECB vice president Luis de Guindos spoke in an interview with Spanish newspaper El Correo over the weekend.

  • “There’s no reason why” an end to net asset purchases “shouldn’t happen in July”
  • interest rates will rise after that, this could happen within “months, weeks, or days. July is possible, but that’s not to say it’s likely”
  • decisions taken “will depend on the data and the new macroeconomic projections in June”

Guindos said “a significant weakening of growth” is noticeable.

de guindos and lagarde

ps. The ECB next meets on June 9.