Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
17 March | Euro

De Guindos of the ECB: inflation in the euro area is gradually declining

EURJPY
EURGBP
EURUSD
EURAUD
EURCAD
De Guindos of the ECB: inflation in the euro area is gradually declining

During an interview with the radio station Onda Cero, Luis de Guindos, Vice President of the European Central Bank (ECB), stated that inflation in the services sector is slowing down. Highlighting this positive trend, he emphasized that a continued decline in this sector will be crucial to achieving the ECB's 2% inflation target.

According to ECB forecasts, the 2% price growth target is expected to be met in the first quarter of 2025. As reported by Bloomberg, regulators cite relatively favorable dynamics, despite ongoing geopolitical uncertainty.

Recent data shows that inflation in the services sector, which had remained around 4% for an extended period, dropped to 3.7% in February. This shift fosters hope for further improvement in the euro area, according to Bloomberg.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. Michigan 1-Year Inflation Expectations. The value of the indicator has decreased from 4.5% to 4.1%
1 hour ago
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
1 hour ago
United States. PCE Price Index (MoM). The value of the indicator remained at the same level of 0.3%
1 hour ago
United States. Core PCE Price Index (MoM). The value of the indicator remained at the same level of 0.2%
1 hour ago
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
1 hour ago
Top news
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
1 hour ago
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
1 hour ago
European Union. GDP (QoQ). The value of the indicator has increased from 0.2% to 0.3%
Today at 10:00 AM
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
Yesterday at 10:00 AM
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
2 December
All news

Forecasts

Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
FA Other Indicators Chart analysis
Today at 10:55 AM 15
John_Bullard
GBPUSD sell
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 09:48 AM 12
Lyra_Moonwell1
USDJPY sell
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
TA Other FA Other
Today at 08:49 AM 9
McCarthy_Raymond
Brent buy
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
FA Other Chart analysis
Today at 08:49 AM 14
McCarthy_Raymond
AUDCAD buy
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 08:11 AM 9
Emily_Foster
Natural gas buy
Period: 11.12.2025 Expectation: 450 pips
Buying natural gas on way down before next rally
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 10:42 AM 51
Lyra_Moonwell1
Go to forecasts