ECB's Centeno sees "very accommodative" monetary policy continuing

  • 4/28/2021
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LISBON, April 28 (Reuters) - The European Central Bank’s monetary policy is expected to remain “very accommodative” to prod inflation to life and help the economy recover after the impact of the COVID-19 pandemic, ECB Governing Council member Mario Centeno said on Wednesday. “The monetary policy is expected to remain very accommodative amid persistent low inflation environment. Forward guidance points to interest rates remaining at low levels and maintenance of the purchasing program in the foreseeable future,” he told an economic conference. (Reporting by Sergio Goncalves, writing by Andrei Khalip)

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