• ECB’s Centeno: Over-hiking isn't an acceptable position

Market news

28 June 2023

ECB’s Centeno: Over-hiking isn't an acceptable position

European Central Bank (ECB) policymaker Mario Centeno was reported on Wednesday, saying that “over-hiking isn't an acceptable position.”

Additional comments

“Economy already taking a hit, inflation will react.”

“Inflation is easing as quickly as it went up.”

“We are definitely getting to the terminal rate.”

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  • EUR/USD to remain strong if the Eurozone price data confirms the ECB’s restrictive approach – Commerzbank

 

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