Exclusive: ECB’s Centeno: Recent PPI Data Call Into Question the Adequacy of Our Easing Pace
By Isabel Teles – SINTRA, Portugal (Econostream) – The decline of euro area producer prices since the end of 2022, confirmed by weaker-than-expected May data released last week, is grounds for the ECB to ask itself whether it is easing monetary policy rapidly enough to avoid undershooting inflation, according to ECB Governing Council member Mário Centeno.
9 July 2024