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5 Jul 2023

ECB’s Visco: More rate hikes are not the only way to curb inflation

European Central Bank (ECB) policymaker Ignazio Visco said in a statement on Wednesday, “more rate hikes are not the only way to curb inflation.”

Further comments

Can also aim to maintain rates adequately high for a sufficient period of time.

Rate decision is taken on a meeting-by-meeting basis, depending on incoming data.

I don't agree with idea of tightening too much over tightening too little.

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