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ECB's Centeno: Rates are close to peaking, if there are no further external shocks

ECB's Centeno: Rates are close to peaking, if there are no further external shocks
  • Today's inflation data is quite positive
  • Rates are to rise to the point that it will restore inflation back to 2% target

He is one of the few to mention any talk about a top in terms of the tightening cycle. The others tend to steer clear of any clear line/area when it comes to the supposed terminal rate. As for his take that the inflation data today is "quite positive", he probably should take a look at the core reading. Pfft.

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Posted: Jan 6 2023, 11:11
Author Name: forexlive
Views: 111630

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