ECB Interest Rate Hikes May Be Over, Centeno Says 

The European Central Bank’s campaign of monetary tightening may have been completed, according to Governing Council member Mario Centeno.

“It can be expected that the cycle of interest-rate rises has been, for now and with the present economic conditions, concluded,” the Portuguese central bank chief told reporters Wednesday in Lisbon. “These interest rates are compatible with bringing down inflation to the medium-term objective.”