ECB's de Guindos: Our projections show inflation will hover around 2% by end of 2025

  • Remarks by ECB vice president, Luis de Guindos, in Madrid
  • Services inflation is still resisting for now
  • Our main concern is services inflation as such
  • We don't have a pre-determined path for rates
  • We will decide on a meeting by meeting basis

These aren't anything new and it just reaffirms the policy path that the ECB is on currently.

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