The European Central Bank's vice president Luis de Guindos said that he expects that the Eurozone's headline inflation will continue to decline, and suggested that it could fall below 6% around mid-year. Meanwhile, he warned that core inflation could, however, have a more stable performance.
De Guindos also noted that the economy of the Eurozone is doing better than anticipated and fears of a recession in the region are fading.
In addition, the policymaker said that the ECB's interest rate path after March will be data-dependent