Central Banks

ECB’s Centeno says very close to the time monetary policy may pause

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Time to Read:-words

European Central Bank Governing Council member and Bank of Portugal governor Mario Centeno

  • “We are reaching the time when monetary policy can pause, we are very close,”
  • “Not overreacting is a huge concern for every central bank.”

Centeno in an interview with Portugal’s broadcaster RTP.

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A July ECB rate hike seems baked in, and September is pretty close to being the same. Centeno doesn’t define ‘close’ in his comment though.

This article was written by Eamonn Sheridan at www.forexlive.com. Source