CERNOBBIO, Italy (Reuters) - The European Central Bank (ECB) is monitoring current market tensions closely and will act to preserve price and financial stability in the euro area, ECB vice-president Luis de Guindos said in a speech on Saturday.

Source: https://www.marketscreener.com/news/latest/ECB-s-De-Guindos-warns-of-broad-risks-in-financial-sector--43398614/?utm_medium=RSS&utm_content=20230401

What is more, De Guindos highlighted the downside risks to economic growth in the euro area, particularly if monetary policy has a more forceful impact or if the global economic environment weakens further.

Source: https://cyprus-mail.com/2023/10/04/ecb-official-praises-cyprus-economy-notes-fiscal-tightening-effects-slow-to-materialise/

“While inflation continues to decline, it is still expected to remain too high for too long,” ECB vice-president Luis de Guindos said at a conference in Cyprus.

Source: https://business.inquirer.net/424858/inflation-battle-will-take-time-top-ecb-official-says