ECB has relieved about the risk of high-inflation in Euro, De Guindos

Balazs by Koranyi and Francesco Canepa

Frankfurt (Reuters) -Trinks Economic growth of the Eurozone and the economic growth of the Eurozone, but the risk of inflation, even the Eurozone’s increase in the dollar, Even the European Central Bank Vice President Luis de Guindos said.

ECB, despite the price increase of this month, despite the price increase in this month, in spite of the forecasts, 2% of the target low and low oil prices revive the concern that the pandemic ten-year inflation environment can return.

However, De Guindos spoke that the ECB fell into the target of the target after the last years and the excessive washing of the target.

“In my opinion, the risk of traction is very limited,” the guindos reuters told reutters. “Our assessment is the balance of risks for inflation.”

The main reason for inflation to reach the target, the main reason for inflation to the target in the first quarter of 2026 is the main increase in the labor market and the health growth of units and the growth of units continues to maintain compensation in 3%.

De Guindos, if the politics did not argue openly for a break in the relief, now, perhaps financial investors from the year by the end of the year, the Message of ECB President Kristin Lagardin.

“Markets realized that they said the president was in good condition,” he said. “I think the markets are very close to our belief and discount and discount, in the average period of time, 2% of our inflation.”

In the last three months, in the last three months, it increased by 11% against the dollar, and the highest level in Thursday has risen to the highest level.

In addition to exporters, there may be another blow to the US tariffs, a stronger euro import prices.

However, De Guindos has not changed the exchange rate, and in his opinion that there was not two main measures.

“I think that $ 1.15 and the economy’s exchange rate will not be a big obstacle,” he said.

Reserve currency?

De Guindos poured a cold water in the conversation that the euro will be subject to the situation as soon as the dominant currency of the world.

The Eurozone still intends to become a true competitor in the necessary financial architecture or defense capabilities, which is another proof to restrain the fears against low inflation.