Info Sphere

Info Sphere

ECB is confident that inflation will converge to target in 2025, De Guindos says (#1686620)

time：2024-12-22 13:38:59 edit： Source：

By
Reuters Published December 16, 2024 Download
Download the articlePrint
Text size

ECB is confident that inflation will converge to target in 2025, De Guindos says

By
Reuters Published
December 16, 2024

The European Central Bank is confident that inflation will converge to the 2% goal in 2025 as is reflected in its monetary policy, ECB's Vice-President Luis de Guindos said on Monday.


European Central Bank (ECB) Vice-President Luis de Guindos attends a news conference following the ECB's monetary policy meeting in Frankfurt, Germany - REUTERS/Wolfgang Rattay/File Photo


"If our inflation projections hold true, the (monetary policy) evolution will continue the (rate cuts) trend we've had in recent months," he said.

INFORMATION