Centeno emphasizes importance of weighing bank woes in ECB decisions

The European Central Bank must consider recent financial-market stress when taking decisions on interest rates, according to Governing Council member Mario Centeno.

While there are no signs of systemic problems in the euro zone’s banking industry, financial stability is a prerequisite for price stability, Centeno said Monday.

Source : Centeno emphasizes importance of weighing bank woes in ECB decisions