<p>European Central Bank Vice President Luis de Guindos spoke in an interview posted on the ECB’s website on Sunday.</p><p>Banking sector is “going through a period of very high uncertainty” that dictates a meeting-by meeting approach on interest rate policy</p><ul><li>appropriate not to pre commit to outcomes of monetary policy meetings</li><li>"We are open-minded with respect to the future,”</li><li>“The question now is how the events in the US banking system and Credit Suisse will impact the euro-area economy,”</li><li>“Over the next weeks and months, we need to assess whether they will give rise to an additional tightening of financing conditions.”</li><li>Earlier post re other ECB comments:<a href="https://ift.tt/jsyO7V3" target="_blank" rel="follow" data-article-link="true">ECB's Schnabel says that while headline inflation has begun falling, core is sticky</a></li></ul><p>Last week the European Central Bank raised rates by 50bp. </p><p>De Guindos not committing to what's ahead. </p><p>EUR/USD is up a touch in early Asia trade:</p> This article was written by Eamonn Sheridan at www.forexlive.com.

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