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Reuters Published December 16, 2024 Download
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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.

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