Central Banks
ECB’s Centeno Sees Danger of ‘Doing Too Much’ on Rates
- Centeno says inflation has been slowing faster than it rose
- Comments published on Bank of Portugal’s website on Monday
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European Central Bank Governing Council member Mario Centeno warned his colleagues that there’s a risk of raising interest rates too far.
The Bank of Portugal chief has been a recent standard-bearer for doves among policymakers who will decide on Sept. 14 whether to lift borrowing costs again, or if a pause in tightening is warranted.