European Parliament – Euro Area Monetary Policy: Quarterly Overview, Mar 2025

The main topic of the report is the overview of monetary policy in the euro area for the first quarter of 2025.

Key findings include: Annual inflation in the euro area is expected to reach 2.4% in February 2025, slightly lower than in January. Core inflation, excluding energy and food, is expected to be 2.6%. The European Central Bank (ECB) has reduced the key interest rate by 25 basis points. The euro continues to strengthen against the dollar amid uncertainty related to US tariffs. The ECB views the new US approach to cryptocurrencies and central bank digital currencies as an argument in favor of a digital euro.