ECB rate hikes aren’t derailing the economy, says Centeno

“The economy has reacted well. We’re still growing, albeit more slowly,” Centeno said. — Bloomberg

BARCELONA: The European Central Bank’s unprecedented bout of interest rate hikes isn’t derailing economic growth in the eurozone, according to governing council member Mario Centeno.

“The economy has reacted well. We’re still growing, albeit more slowly,” Centeno told an event in Barcelona.