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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Posted By Global Banking and Finance Review

    Posted on June 27, 2025

    Featured image for article about Finance

    MADRID (Reuters) -The European Central Bank is on track to meet is 2% inflation target, the institution's Vice President Luis de Guindos said on Friday.

    "We are confident we will meet the inflation target, which is why we lowered interest rates", he told Spanish TV broadcasther Antena 3.

    The ECB cut interest rates this month for the eighth time in the past year and signalled at least a policy pause next month as it waits for the fog to clear surrounding trade tensions with the United States.

    Euro zone inflation, which briefly hit double digits in late 2022, fell to 1.9% last month and the ECB expects it to stay below its 2% goal next year.

    (Reporting by Jesús Aguado; editing by Inti Landauro)

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