• ECB's last monetary policy decision was taken unanimously - ECB Vice President de Guindos

Market news

20 June 2019

ECB's last monetary policy decision was taken unanimously - ECB Vice President de Guindos

European Central Bank Vice President Luis de Guindos said that the last monetary decision taken by the central bank was taken unanimously by members of the Council.

"I believe (the decision) was taken unanimously. There was no divergent opinion with relation to the communique of the decision taken in Vilnius two weeks ago," de Guindos said.

At the meet, there had been two main issues, de Guindos said, including the extension of the forward guidance on when the bank would raise interest rates and the cost of the ECB's Longer-Term Refinancing Operation (TLTRO III).

"There was also unanimity in that, if the situation deteriorated because downside risks materialised, we would immediately react," de Guindos said.

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