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ECB's Centeno: Can't tolerate inflation below 2% for too long

  • 2028 inflation forecast likely to be below 2%
  • Still see inflation risks to downside

Centeno has been one of the most dovish members for a long time and he’s not deviating from that stance here. When dovish members make dovish comments, the market ignores them because it’s a known information and therefore doesn’t change future expectations.

This article was written by Giuseppe Dellamotta at investinglive.com.

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