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ECB's Centeno on Inflation, Interest Rates, Euro Exchange Rate, Trade
Bloomberg Televisionยท2025-07-02 08:29

Monetary Policy & Inflation - ECB Governing Council member Mario Centeno indicates policymakers remain cautious despite inflation reaching the 2% target [1] - The ECB is not in a hurry to further reduce borrowing costs [1] Euro & Trade - Discussion includes the euro exchange rate and the importance of a potential trade deal [1] - Topics covered: profile for investment in the euro-area, uncertainty, and trade deals [1] - Mentions the euro as a global reserve currency and a stronger fiscal union [1] Economic Outlook - Discussion of the euro-area neutral rate, growth, and the labor market [1]