Central Banks

ECB’s Centeno Urges Cautious Next Steps After Historic Rate Hike

Officials must avoid ‘going back and forth’ with policy moves
Talks on QT should wait, Centeno says in interview in Prague

Mario Centeno
Photographer: Jose Sarmento Matos/Bloomberg

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By Alexander Weber and Carolynn Look

September 10, 2022 at 8:41 AM UTC

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The European Central Bank must tread carefully at upcoming meetings after signaling its determination to fight record inflation with a jumbo interest-rate increase this week, according to Governing Council member Mario Centeno.