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ECB’s Centeno: Disinflation process to resume after August

2024-06-21FXStreetFXStreet
European Central Bank (ECB) Governing Council member Mario Centeno said Friday that “the disinflation process will resume after August.” Additional comments Some recovery in real wages is inevitable.

European Central Bank (ECB) Governing Council member Mario Centeno said Friday that “the disinflation process will resume after August.”

Additional comments

Some recovery in real wages is inevitable.

We should continue to be data-dependent.

Market reaction

EUR/USD was last seen trading at 1.0685, losing 0.46% on the day.

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