ECB’s de Cos: Eurozone inflation will fluctuate this year then fall to 2% next year

• Inflation to fluctuate for rest of 2024 then fall to 2% in 2025
• All in all, we are increasingly confident that we are on the right track to achieve our 2% target relatively soon
• de Cos’ term ends in June

It’s interesting to ponder what will happen after it falls to 2%. The ECB is going to be steadily lowering interest rates but with ongoing sluggish growth in Europe, there’s a high likelihood that they will soon be fighting sub-2% inflation again.

This article was written by Adam Button at www.forexlive.com.