October 04, 2024 08:02 GMT
MNI BRIEF: ECB Rate Path Should Be "Pre-Visible" - Centeno
Data-dependent approach doesn't mean issuing some guidance on rate path, Bank of Portugal head says.
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MNI (ROME) - The European Central Bank's hoped for interest rate path should be "pre-visible" while still keeping to a meeting by meeting and data dependent approach, Bank of Portugal Governor Mario Centeno said Friday.
Sharing a panel with Bank of Spain Governor Jose Manuel Escriva at an event in Spain, Centeno said that euro area inflation is finally under control and that it's understandable a certain degree of wage catch-up should be expected bloc, as households saw a significant drop in disposable real income.
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