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

European Union. Reserve Assets Total. The value of the indicator has increased from 1622.22B to 1709.78B
Today at 11:03 AM
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.2%
Today at 10:00 AM
European Union. GDP (YoY). The value of the indicator has increased from 1.3% to 1.4%
Today at 10:00 AM
European Union. Employment Change (QoQ). The value of the indicator remained at the same level of 0.1%
Today at 10:00 AM
European Union. Trade Balance. The value of the indicator has increased from 1.9B to 19.4B
Today at 10:00 AM
Top news
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.2%
Today at 10:00 AM
European Union. Trade Balance. The value of the indicator has increased from 1.9B to 19.4B
Today at 10:00 AM
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 4%
6 November
European Union. Retail Sales (MoM). The value of the indicator remained at the same level of -0.1%
6 November
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
4 November
All news

Forecasts

GBPUSD sell
Period: 21.11.2025 Expectation: 1078 pips
GBPUSD falls as bullish pressure fades and budget risks loom
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 11:04 AM 13
Lyra_Moonwell1
Brent sell
Period: 28.11.2025 Expectation: 300 pips
Brent crude capped by $65–$66 resistance
FA Other Indicators Chart analysis
Today at 09:27 AM 17
John_Bullard
AUDCAD buy
Period: 21.11.2025 Expectation: 660 pips
AUDCAD may enter short-term correction
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 09:19 AM 15
Emily_Foster
S&P 500 sell
Period: 21.11.2025 Expectation: 800 pips
Selling SPX as risk-off mood kicks in
TA Other FA Other
Today at 07:05 AM 10
McCarthy_Raymond
Natural gas sell
Period: 20.11.2025 Expectation: 280 pips
Fading bullish momentum is good reason to sell natural gas
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Yesterday at 11:27 AM 38
Lyra_Moonwell1
USDCAD buy
Period: 31.12.2025 Expectation: 800 pips
USDCAD with 1.4090 play is worth buying
FA Other Chart analysis
Yesterday at 10:09 AM 41
McCarthy_Raymond
Go to forecasts