- European economy is facing stagnation
- That is the price we pay to fight inflation
Just some token remarks there by Centeno in general. There is a slight nod in leaning towards saying that they are getting close to achieving their inflation target. But that seems to be the case as they’re faced with a further slowdown in economic conditions, so as to justify further rate cuts. For now, carry on as you will.
This article was written by Justin Low at www.forexlive.com.
