ECB's de Guindos sees 'good news' on inflation amid trade fears
ECB's de Guindos sees 'good news' on inflation amid trade fears
Published by Global Banking and Finance Review
Posted on March 28, 2025
Published by Global Banking and Finance Review
Posted on March 28, 2025
FRANKFURT (Reuters) - The economic outlook for the euro zone is complicated by fears about a trade war with the United States but at least inflation is heading down towards the European Central Bank's 2% target, the ECB's vice-president, Luis de Guindos, said on Friday.
"We have good news on inflation," de Guindos told a Spanish event via video-link. "If there are doubts on economic growth, the disinflation process is continuing. We are convinced that in the next few quarters we'll achieve our definition of price stability, which is 2%, on a sustainable basis."
(Reporting By Francesco Canepa; Editing by Kevin Liffey)
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