Central Banks
ECB’s Centeno Says It’s About Time to Change Monetary Policy
Mario Centeno,
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
The European Central Bank should start lowering interest rates soon, according to Governing Council member Mario Centeno.
“It’s about time to change this monetary policy,” the Portuguese central banker told CNBC on Wednesday. He cited weak economic growth and progress on disinflation. “June is going to be a very important decision.”