ECB’s Centeno: We should avoid undershooting on inflation

  • Q1 GDP is still looking stagnant
  • Do not see reasons for concern about wages
  • Inflation trajectory is good

“We need to avoid that — the goal is 2% and we need to carry a policy trajectory that takes us to 2%,” he said. “We should definitely avoid undershooting inflation.”

These are dovish comments from Centeno in an interview in Davos and they are a strong pushback against what Holzmann said yesterday.

This article was written by Adam Button at Source