Agencies European Central Bank Vice President Luis de Guindos warned Wednesday that the risk of a market correction has increased as investors continue pushing stocks to record highs despite ongoing geopolitical tensions, rising fiscal pressures and concerns surrounding private credit. Speaking dur»»»

The European Central Bank should raise interest rates in June even if the ongoing U.S.-Iran peace talks produce a deal, ECB board member Isabel Schnabel said, warning that prolonged energy price shocks are already feeding through to the broader economy and that waiting is no longer viable. Schnabel»»»