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Home.forex news reportECB's Centeno: Inflation is getting close to the 2% target

ECB's Centeno: Inflation is getting close to the 2% target

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  • European economy is facing stagnation
  • That is the price we pay to fight inflation

Just some token remarks there by Centeno in general. There is a slight nod in leaning towards saying that they are getting close to achieving their inflation target. But that seems to be the case as they’re faced with a further slowdown in economic conditions, so as to justify further rate cuts. For now, carry on as you will.

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



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