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.
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
