LISBON (Reuters) - European Central Bank policymaker Mario Centeno said on Friday he expects inflation to fall to its medium-term target of 2% in a sustainable manner as the euro zone is "almost out
Mario Centeno: Euro Zone Inflation Nearing Sustainable Target
LISBON (Reuters) - European Central Bank policymaker Mario Centeno said on Friday he expects inflation to fall to its medium-term target of 2% in a sustainable manner as the euro zone is "almost out of the woods" in the inflationary cycle.
Speaking at a conference in Lisbon, Centeno said the euro zone was on its way to normalizing monetary policy.
"We are in process of reaching that target in the medium term in a stable way," he said.
(Reporting by Sergio Goncalves; editing by Charlie Devereux)
