ECB’s Centeno Sees Rate Peak Becoming Much Clearer in March
- New forecasts are key, Portuguese official tells Bloomberg TV
- Policymakers set to lift rates by another half-point in March
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How high the European Central Bank pushes interest rates will become a lot more apparent when new economic projections arrive next month, according to Governing Council member Mario Centeno.
With inflation already moderating more quickly than anticipated, the new quarterly outlook is likely to signal slower price growth, the Portuguese central bank head said Monday. The figures will be “very important” in determining the path of monetary policy, specifically the peak in borrowing costs, he said.