ECB’s Centeno: We are approaching the end of interest rate rise process

• We are approaching the end of interest rate rise process
• Inflation may have some resistance in January and February, but will fall again from March
• We are not seeing fragmentation risks in the euro area now

Centeno last spoke on January 6 saying:

• Today’s inflation data is quite positive
• Rates are to rise to the point that it will restore inflation back to 2% target

He tilts toward the dovish side.