European Central Bank Reaffirms Normal Cooperation With Federal Reserve Amid Leadership Pressure
ECB Vice-President Luis de Guindos confirmed today that cooperation with the U.S. Federal Reserve remains normal. He emphasized that currency swap lines are active.
Insights:
ECB Vice-President luis de guindos stated in an interview published on Thursday, January 15, 2026, that cooperation between the European Central Bank and the jerome powell-led U.S. Federal Reserve has been normal and characterized it as business as usual. This institutional reassurance comes as the Trump administration in the 
US has made repeated attempts to unseat jerome powell from his position, causing fluctuations in the and making the currency more volatile.
US has made repeated attempts to unseat jerome powell from his position, causing fluctuations in the and making the currency more volatile.
