ECB's Centeno
- Q1 GDP is still looking stagnant
- Do not see reasons for concern about wages
- Inflation trajectory is good
“We need to avoid that — the goal is 2% and we need to carry a policy trajectory that takes us to 2%,” he said. “We should definitely avoid undershooting inflation.”
These are dovish comments from Centeno in an interview in Davos and they are a strong pushback against what Holzmann said yesterday.
