EU: ECB tightening monetary is a mistake!
Tradehay.com: 06/09/2021 - 07:00
The European Union's Economic Commissioner, Paolo Gentiloni, said in an interview with Bloomberg, sticking to the view that inflation is transient:
"We are monitoring inflation in the euro area, we should track it accurately, but not jumping to conclusions too soon."
"I think tightening policy would be a big mistake, given the fact that inflation is still a temporary phenomenon."
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