European Central Bank Vice President Kins: The risk of inflation being lower than expected is very limited.

European Central Bank Vice President Luis de Guindos told Reuters that the threat of inflation falling below the ECB's 2% target is under control. The Spanish official said in an interview that despite consumer price growth expected to slow to 1.4% in the first quarter of 2026, it will not shake inflation expectations. At the same time, wage growth is slowing down to levels in line with the ECB's target. "I believe the risk of inflation falling below target is very limited," the transcript of Guindos' interview published on the ECB website shows. "Our assessment is that the risks to inflation are balanced."