Mario Centeno, a member of the Governing Board of the European Central Bank (ECB), said the pressure of deflation within the European economy is becoming a concern for policy makers. According to Centeno, it may be necessary to reduce the interest rates of neutral to stimulate the economy.
Main attraction
Reducing 2% inflation is a risk if investment does not take place.
We may need to go below a neutral rate to maintain inflation at 2%.
It is very clear, we need to keep a projection at the bottom of the interest rates.
I am fine with a gradual rate of 25 BPS.
Europe must unite in front of a possible tariff; I see further conversations.
