ECB’s De Guindos says inflation to near 2% by 2025 but too early for victory laps

• ECB’s De Guindos: By end of 2025 ECB expects inflation and core inflation to hover around 2%, but too early to declare victory in fight against inflation.
• ECB’s De Guindos: Recent inflation data have been good, represented a positive surprise, but growth still reflects risks to the downside.
• ECB’s De Guindos: In general ECB is in favour of cross-border consolidation in the Euro Zone.

This article was written by Arno V Venter at www.forexlive.com.