It’s “crystal clear” that European Central Bank interest rates will be reduced further but officials shouldn’t rush the process due to uncertainties including rising trade tensions and global conflicts,

The European Central Bank is clearly on a path of lowering interest rates, but how much it cuts at each monetary policy meeting is not as important, Vice President Luis de Guindos said. He added that wage growth will slow next year and that the ECB expects the pace of consumer-price rises to