European Central Bank board member and Bank of Portugal Governor Mario Centeno spoke in an interview with Portuguese media
Jornal De Negócios
In brief, his main points:
- "All data point to inflation reaching its peak in the euro area in the fourth quarter of 2022
- "in the ECB's forecasts and in ours too [BdP], we have a very rapid reduction in inflation throughout 2023. It comes from values close to 10% in the fourth quarter of 2022 to values around 3% in December next year".
