ECB’s Centeno: Inflation is getting close to the 2% target

European Central Bank (ECB) policymaker Mario Centeno said on Tuesday that “inflation is getting close to the 2% target.”

Additional quotes

European economy is facing stagnation.

That is the price we pay to fight inflation.

ECB policymaker Olli Rehn said that “salary and service inflation remain persistent, maintaining the risk of inflation moderating more slowly than expected.”