Incoming ECB Rate-Setter Pereira Says He’s ‘Definitely’ No Dove

The European Central Bank is likely to maintain steady interest rates in the months ahead, according to incoming Governing Council member Alvaro Santos Pereira, who described himself as “definitely not a dove.”

“It’s important for the ECB to have inflation under control,” Santos Pereira told lawmakers in Lisbon on Wednesday during a hearing before his swearing-in as Bank of Portugal governor, expected this month.