ECB’s Holzmann: Rates will have to rise significantly further
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European Central Bank (ECB) policymaker Robert Holzmann said on Wednesday, “rates will have to rise significantly further to reach levels that are sufficiently restrictive to ensure a timely return of inflation to target.”
Additional comments
“HICP inflation is expected to subside, but risks remain tilted to the upside amid high uncertainty.”
“No signs of de-anchored market expectations on inflation.”
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