Central Banks
ECB Policy Ought to Respond to Slowing Inflation, Centeno Says
- Rate to stay restrictive quite some time to stop price rebound
- Portugal central bank chief speaks at Warwick Economics Summit
Mario Centeno
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
The European Central Bank will have to react to slowing consumer-price growth, according to Governing Council member Mario Centeno.
Speaking at the Warwick Economics Summit in the UK, the Portuguese official said that “if inflation is going down and it is coming down very fast — actually faster than it went up — monetary policy ought to respond to that.”