Central Banks
ECB’s Centeno Calls September Rate-Cut Decision ‘Easy’
- Inflation must be curbed with least sacrifice, he says
- Portuguese central-bank chief speaks in Jackson Hole interview
Mario Centeno
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
The decision for the European Central Bank to lower interest rates next month is straight-forward, according to Governing Council member Mario Centeno.
“Of course the most likely move in terms of monetary policy is to continue cutting rates,” the Portuguese central-bank head said Friday at the Federal Reserve’s annual conference in Jackson Hole.