Core Viewpoint - The European Central Bank (ECB) Vice President, Luis de Guindos, stated that the current euro to dollar exchange rate of 1.15 does not pose a significant obstacle to achieving the inflation target [1] Group 1: Inflation and Economic Growth - The current appreciation of the euro is not rapid and the volatility is not extreme, indicating a stable economic environment [1] - The risks associated with inflation are balanced, with limited risks of falling below the target, as the inflation rate is very close to the target [1] - The ECB believes that tariffs will simultaneously reduce both economic growth and inflation levels in the medium term [1] Group 2: Market Perception and Policy - The market fully understands the communication following policy decisions, reflecting confidence in the ECB's approach [1] - The ECB is confident that the Federal Reserve will maintain currency swap lines, indicating a collaborative monetary policy stance [1] - The discussion regarding the repatriation of gold reserves from New York has not been addressed, suggesting a focus on current monetary policy rather than asset management [1]
欧洲央行副行长:欧美1.15对通胀目标而言并非重大阻碍
news flash·2025-06-16 05:16