FRANKFURT—The European Central Bank should keep a steady hand rather than tighten its policy in the face of external shocks like scarce supply and the green transition, ECB policymaker Mario Centeno said in an article published on Wednesday. “There are strong reasons for keeping a steady-hand,” Centeno, who is also Portugal’s central banker, said in…
Centeno Says ECB Needs to Keep Monitoring Inflation, Stand Ready to Act
LISBON—Lingering uncertainty about rising inflation requires close monitoring by the European Central Bank, which sees it as a temporary trend, but it must be prepared to act flexibly, ECB Governing Council member Mario Centeno said on Thursday. “Concerning the monetary policy the best answer to uncertainty is to keep close monitoring, a steady hand and…
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