Bert Colijn of ING stated in a report that the European Central Bank (ECB) could wait for more economic data before deciding on its next move. Eurozone inflation fell to the 2.0% target in December from 2.1% in November.He noted that looking ahead to the coming months, a stronger euro, low energy prices, and slowing wage growth all point to a further moderation in price increases. However, as businesses’ expectations for selling prices have recently risen, inflation is not expected to fall significantly below 2%.Colijn believes that by late 2026, inflation may face renewed upward pressure as fiscal spending is expected to provide a modest boost to economic growth. He added that European Central Bank (ECB) “is fully capable of waiting for further signals regarding the direction of the economy and inflation before deciding on its next steps.”