European Central Bank Committee: Expected inflation to slow down to the target level of 2% by the end of the year.

According to Boris Vuji, a member of the European Central Bank's management committee, consumer price growth is expected to reach the ECB's target of 2% by the end of 2025. In an interview on Saturday, he stated, "We expect inflation to continue to decline, and in some months, inflation may even stagnate, but this trend will not stop." When asked about interest rates, Vuji, who is also the governor of the Croatian National Bank, stated that after seven rate cuts, markets expect more such measures, but the ECB's actions will depend on the development of inflation. He also emphasized that trade tensions typically have a negative impact on economic growth, but in some cases may lower inflation rates.