1. Home
  2. Luis de Guindos

Luis de Guindos

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official SaysInterest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than previously expected inflation in Europe ahead. ‘We Have No Choice But […]

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report

Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’

Analyst Warns US Debt Crisis Is Possible —  Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, […]

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report

ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals

ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak FundamentalsThe vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad range of cryptocurrencies. ECB VP Says Crypto Is Not a Real Investment European Central Bank Vice President […]

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report

ECB Deepens Analysis of Digital Euro, Decision Expected by Mid-Year, VP Confirms

ECB Deepens Analysis of Digital Euro, Decision Expected by Mid-Year, VP ConfirmsFaced with challenges on many fronts, the European Central Bank is now deepening the analysis of how to digitalize its currency. A decision on whether to issue a digital euro, which has the potential to become a major CBDC, is expected around mid-2021, a high-ranking official of the central bank has confirmed. Eurozone’s Central Bank […]

South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report