European Central Bank Governing Council member and Bank of Portugal governor Mario Centeno
- “We are reaching the time when monetary policy can pause, we are very close,”
- “Not overreacting is a huge concern for every central bank.”
Centeno in an interview with Portugal’s broadcaster RTP.
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A July ECB rate hike seems baked in, and September is pretty close to being the same. Centeno doesn’t define ‘close’ in his comment though.