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ECB's Escriva: We've reached our inflation target
By Dhwani Mehta
Date Published: 12 Sep 2025 | Date Modified: 12 Sep 2025
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European Central Bank Governing Council member Jose Luis Escriva said on Friday, “we've reached our inflation target.”
European Central Bank Governing Council member Jose Luis Escriva said on Friday, “we've reached our inflation target.”
“The Gross Domestic Product (GDP) growth is slow, competitiveness is a problem,” he added.
Meanwhile, ECB policymaker Oli Rehn noted that “risks that inflation remains slower than target should not be underestimated.”
Market reaction
At the press time, EUR/USD is down 0.08% on the day at 1.1726.
Euro Price Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.07% | 0.28% | 0.40% | 0.12% | 0.18% | 0.33% | 0.16% | |
| EUR | -0.07% | 0.21% | 0.29% | 0.06% | 0.12% | 0.27% | 0.10% | |
| GBP | -0.28% | -0.21% | 0.10% | -0.17% | -0.12% | 0.07% | -0.10% | |
| JPY | -0.40% | -0.29% | -0.10% | -0.26% | -0.20% | -0.10% | -0.26% | |
| CAD | -0.12% | -0.06% | 0.17% | 0.26% | 0.11% | 0.23% | 0.06% | |
| AUD | -0.18% | -0.12% | 0.12% | 0.20% | -0.11% | 0.18% | -0.02% | |
| NZD | -0.33% | -0.27% | -0.07% | 0.10% | -0.23% | -0.18% | -0.17% | |
| CHF | -0.16% | -0.10% | 0.10% | 0.26% | -0.06% | 0.02% | 0.17% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
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