- ECB’s Centeno: Every meeting is open for us to make a decision
Market news
2 July 2024
ECB’s Centeno: Every meeting is open for us to make a decision
European Central Bank (ECB) policymaker Mario Centeno said on Tuesday that “every meeting is open for us to make a decision.”
Further comments
As confidence builds, ECB can look at every meeting in making a decision.
There is confidence that inflation will hit 2% target next year.
Our baseline projections have proved to be quite solid.
We must be prudent on rates.
Still hesitant on growth assessment.
Monetary policy must aid with economic recovery.
Market reaction
EUR/USD is consolidating the latest leg lower to near 1.0710, losing 0.20% on the day, as of writing.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page