ECB’s Panetta: Interest rates should be kept at their current high level for longer

ECB’s Panetta: Interest rates should be kept at their current high level for longerEuropean Central Bank board member Fabio Panetta, in a webinar on Thursday, supported keeping interest rates high for longer.“Emphasizing persistence may be particularly valuable in the current situation, where the policy rate is around the level necessary to deliver medium-term price stability, […]

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