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ECB Decisions Could Come Before May, Centeno Tells Econostream

From bnnbloomberg.ca

The European Central Bank doesn’t necessarily need full insight into wage developments in the coming months to set monetary policy, Governing Council member Mario Centeno said. “I don’t think we have to wait until May to make decisions,” Centeno told Econostream Media in an interview. “I don’t see any sign that second-round effects on wages have materialized or will materialize or that wages will put additional pressure on prices.” The Bank of Portugal governor also said that “the most recent developments on inflation and the economy have obviously brought the moment of easing closer to us,” and officials will decide ... (full story)

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