European Central Bank Vice-President Luis de Guindos expressed optimism on Friday about euro zone inflation while warning of growing trade tensions with the United States.
Speaking via video at a Spanish event, de Guindos said inflation is on track to meet the ECB's 2% target "on a sustainable basis" in the coming quarters. "There is good news on inflation," he noted, despite concerns over economic growth.
De Guindos emphasized that the disinflation trend remains intact. His comments come amid rising fears of a transatlantic trade conflict fueled by President Donald Trump's renewed push for reciprocal tariffs on EU goods.
