- ECB's de Guindos: Eurozone inflation to remain at 4%-5% at year-end
Market news
11 May 2022
ECB's de Guindos: Eurozone inflation to remain at 4%-5% at year-end
Inflation is likely to remain at the 4%-5% range at the end of the year in the eurozone, European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday, as reported by Reuters.
The debt-buying programme, the Asset Purchase Programme (APP), is likely to stop in July, de Guindos further added.
Market reaction
These comments don't seem to be having a significant impact on the shared currency's performance against its major rivals. As of writing, the EUR/USD pair was up 0.25% on a daily basis at 1.0555.
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