ECB’s Centeno: Interest rates will not desirably return to zero

  • But interest rates will come down eventually

Well, the pandemic definitely gave them a get-out-of-jail-free card after experimenting and then getting stuck with negative interest rates. They won’t return to that any time soon but I reckon rate cuts may not be too far out from the horizon at this stage.

This article was written by Justin Low at www.forexlive.com. Source