ECB's de Guindos: Low interest rate environment is with us for the foreseeable future

The European Central Bank (ECB) Vice President Luis de Guindos is on the wires now, via Reuters, making a scheduled speech in London.

Key Headlines:

Low-interest rate environment is with us for the foreseeable future.

The structurally low profitability of the euro area banking sector remains a concern for financial stability and for monetary policy.

Euro banking consolidation remains necessary.