MADRID, May 17 Reuters Euro zone price pressures continue to ease, giving European Central Bank policymakers increased confidence inflation will ease back to target next year, ECB VicePresident Luis de Guindos said on Friday.

Headline inflation is there at 2.4, core inflation below 3. We believe that in the coming months inflation will fluctuate around these values, De Guindos told a financial event.

In the medium term, in the year 2025, we will be moving in a stable way towards our price stability objective which is 2, he added.

The ECB has all but promised a rate cut on June 6 so the discussion has shifted to how quickly its next move should come and what conditions must be met for more easing.

Reporting by Jesús Aguado and Emma Pinedo; editing by Balazs Koranyi

Source Reuters