RSS ECB's Centeno: The rate cut decision yesterday was fortunately absolutely consensual

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 RSS ECB's Centeno: The rate cut decision yesterday was fortunately absolutely consensual

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  • Gradualism is the most important word for policy at the moment
  • The level of interest rates in the euro area continues to be restrictive
  • Will cuts rates until close to 2% in coming quarters if there are no other shocks

This just adds to the barrage of remarks from his peers, echoing the same sentiment throughout the day.

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