Small font size A Larger text size A Largest text size A

ECB unlikely to change rates in next meeting, Spain's Escriva says

BY Reuters | ECONOMIC | 03/06/26 03:24 AM EST

MADRID, March 6 (Reuters) - European Central Bank policymaker Jose Luis Escriva said on Friday it was "very improbable", based on current information, that the bank would make a decision on interest rates in the governing council's next meeting.

Escriva, who is also the governor of the Bank of Spain, told regional Catalan television TV3 the bank would need more time to assess the full impact of the war in Iran before making decisions.

(Reporting by Jes?s Aguado; Editing by David Latona)

More Fixed Income News

Revolution Medicines, Inc. Prices $2.0 Billion in Concurrent Upsized Offerings of Common Stock and Convertible Senior Notes BY GlobeNewswire |CORPORATE 12:41 AM EDT
Middle East Conflict Could Derail Global Recovery, Warns IMF: These Are The Countries Set To Get Hit Hardest BY Benzinga |ECONOMIC 04/14/26 11:27 PM EDT
Former US Treasury Secretary Yellen says one Fed rate cut possible this year BY Reuters |ECONOMIC 04/14/26 11:03 PM EDT
US prosecutors make surprise visit to Federal Reserve office BY Reuters |ECONOMIC 04/14/26 10:03 PM EDT

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article