{"id":100579,"date":"2024-04-30T01:14:00","date_gmt":"2024-04-29T21:14:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=100579"},"modified":"2024-04-30T00:19:09","modified_gmt":"2024-04-29T20:19:09","slug":"ecbs-de-guindos-not-pre-committed-to-a-particular-rate-path","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ecbs-de-guindos-not-pre-committed-to-a-particular-rate-path\/04\/30\/market-updates\/","title":{"rendered":"ECB&#8217;s de Guindos: not pre-committed to a particular rate path"},"content":{"rendered":"\n<p>At a Euro 50 Group meeting on Monday, European Central Bank (ECB) Vice-President Luis de Guindos highlighted the ECB&#8217;s progress on inflation, but pulled back from making any clear projections on the pace of rate cuts.<br><br><strong>Key Quotes<br><\/strong><br>Expects consumer spending to strengthen.<br><br>Economic activity is improving, albeit gradually.<br><br>Not pre-committing to a particular rate path.<br><br>Risks to growth outlook remain elevated, tilted towards the downside.<br><br>Stronger-than-expected policy transmission could produce downside shocks.<br><br>Geopolitical landscape remains an upside inflation risk.<br><br>2% inflation target to be hit in 2025, but substantial risks remain.<br><br>Wage growth is showing signs of easing.<br><br>Inflation is expected to fluctuate near current levels for now.<br><br>The slowdown in services inflation has stalled.<br><br>Still, plenty of work to be done on inflation.<br><br>Inflation still headed in the right direction.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a Euro 50 Group meeting on Monday, European Central Bank (ECB) Vice-President Luis de Guindos highlighted the ECB&#8217;s progress on inflation, but pulled back from making any clear projections on the pace of rate cuts.Key QuotesExpects consumer spending to strengthen.Economic activity is improving, albeit gradually.Not pre-committing to a particular rate path.Risks to growth outlook &hellip;<\/p>\n","protected":false},"author":13,"featured_media":59567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[8029,6923,9028,6987],"class_list":["post-100579","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-de-guindos","tag-ecb","tag-economic-activity","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=100579"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100579\/revisions"}],"predecessor-version":[{"id":100587,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100579\/revisions\/100587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/59567"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=100579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=100579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=100579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}