ECB Centeno: Necessary and desirable to normalize monetary policy

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ECB Centeno: Necessary and desirable to normalize monetary policy

ECB Governing Council member Mario Centeno said normalization of monetary policy was “necessary and desirable”. But such normalization must be done gradually. He urged not to “over-react” to inflation rising across Europe or risk penalizing economic growth. “Although inflation remains high in 2022, there are no structural reasons why it should not converge towards the […]

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