ECB's Centeno: Inflation is easing as quickly as it went up

<ul><li>Over-tightening is not an acceptable position</li><li>Economy already taking a hit, inflation will react</li><li>We are definitely getting to the terminal rate</li></ul><p>Even if there have been some signs of price pressures easing, it is too early to make such a judgement surely. It's a bit careless in my view and speaks to bias that he is leaning towards, which seems to be against his ECB counterparts.</p>

This article was written by Justin Low at www.forexlive.com.