ECB's Centeno: Inflation to be higher and less temporary than thought one year ago – by eren_fxstreet ECB CentralBanks
"Inflation will be higher and less temporary than I thought one year ago," European Central Bank Governing Council member Mario Centeno acknowledged on Tuesday, as reported by Reuters.
"We are facing an overlapped succession of shocks that have changed the context in a significant way," Centeno added and noted that the interest rate increase cycly will continue.These comments don't seem to be having a significant impact on the shared currency's performance against its rivals. As of writing,Information on these pages contains forward-looking statements that involve risks and uncertainties.
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