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Luis De Guindos: 'If the War Is Prolonged, an Increase in Interest Rates Will Be Necessary to Avoid the Effects of the Second Round'

Summary by informacion.es
The international economic situation, marked by a rise in costs for companies due to the Middle East war, is still contained, "within the European Central Bank's forecasts", so that until now the inflation of some products, such as food, has not yet had to pass on that increase. "But if this persists, if the war does not end, the answer will probably be an increase in interest rates, especially because it is necessary to avoid the second round e…

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The international economic situation, marked by a rise in costs for companies due to the Middle East war, is still contained, "within the European Central Bank's forecasts", so that until now the inflation of some products, such as food, has not yet had to pass on that increase. "But if this persists, if the war does not end, the answer will probably be an increase in interest rates, especially because it is necessary to avoid the second round e…

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informacion.es broke the news on Wednesday, October 21, 2026.
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