Central Banks
ECB Must Be Open for Interest Rate Cut in March, Centeno Says
- ‘I’m not saying that it is likely, but we have to be open’
- Portugal’s central bank chief comments in interview in Ghent
Mario Centeno
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
The European Central Bank must be ready to consider lowering borrowing costs next month if data call for it, even if that’s only a low-probability event, according to Governing Council member Mario Centeno.
“March is the date when we have the largest amount of new data in front of us — some data may tell us to discuss interest rate cuts as soon as March,” the Portuguese central bank chief said in an interview. “I’m not saying that it is likely, but we have to be open.”