European Central Bank (ECB) policymaker Mario Centeno delivered some comments on the central bank’s interest rate outlook during his appearance on Thursday.
If inflation continues on same trajectory in coming months it is expected that the ECB’s next decision will be to cut rates.
If that happens we can start a cycle of normalization of rates.
EUR/USD is keeping its losses near 1.0800 following the above comments, losing 0.18% on the day.
