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Today: March 31, 2025
Today: March 31, 2025

ECB's de Guindos sees 'good news' on inflation amid trade fears

ECB's Lagarde speaks to reporters following a monetary policy meeting, in Frankfurt
March 28, 2025
Reuters - Reuters

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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