ECB’s Centeno: Downside risks have materialized

<p>ECB Governing Council member Mario Centeno, indicated yesterday that the transmission of ECB’s policy is “up and running” and pointed out the rapidity with which inflation has decelerated, noting its descent has outpaced its ascent. However, he urged prudence, stating, “We have to be cautious this time around because downside risks that we identified in […]</p>
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