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 2025 | 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

Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -98.6K to -117.3K
Yesterday at 7:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -97.6K to -107K
Yesterday at 7:30 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from -90.2K to -94.8K
Yesterday at 7:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 62.3K to 50.2K
Yesterday at 7:30 PM
European Union. CFTC EUR speculative positions. The value of the indicator has decreased from -99.3K to -137.6K
Yesterday at 7:30 PM
Top news
European Union. Trade Balance. The value of the indicator has decreased from 10.7B to -16.1B
Yesterday at 9:00 AM
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.6%
Yesterday at 9:00 AM
United States. Retail Sales (MoM). The value of the indicator has decreased from 1.3% to 0.8%
15 October
United States. CPI (YoY). The value of the indicator has increased from 3.4% to 3.7%
14 October
United States. Trade Balance. The value of the indicator has decreased from $-92.8B to $-105.6B
6 October
All news

Forecasts

GBPUSD buy
Period: 16.11.2026 Expectation: 5700 pips
Invest in GBPUSD up to 1.38700
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 10:10 AM 23
Sinclair_John
AUDCAD sell
Period: 31.10.2026 Expectation: 1300 pips
Selling AUDCAD from 0.9890
FA Other Chart analysis
Yesterday at 08:51 AM 15
McCarthy_Raymond
Brent buy
Period: 16.11.2026 Expectation: 280 pips
Buy Brent crude with $106.15 in view
Indicators and reports FA Other Chart analysis Hot news
Yesterday at 08:51 AM 15
Reed_Marcus
AUDUSD sell
Period: 31.10.2026 Expectation: 500 pips
Go short on AUDUSD due to anemic labor market in Australia
FA Other TA Other
15 October 2026 51
McCarthy_Raymond
USDJPY sell
Period: 15.11.2026 Expectation: 6000 pips
USDJPY sell-off targets 152.00
Indicators and reports FA Other Chart analysis Hot news
15 October 2026 60
Reed_Marcus
ETHUSD sell
Period: 15.11.2026 Expectation: 265 pips
Sell ETHUSD upon breaking $2,350 support
Indicators and reports FA Other Chart analysis Hot news
15 October 2026 40
Sinclair_John
Go to forecasts