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ECB's Visco says "can't say" high rates need to go, could be 3.75% but its data dependent
Weekend comments from a member of the European Central Bank Governing Council and Governor of the Banca d'Italia Ignazio Visco. He spoke in a Bloomberg TV interview.
Visco said the ECB will increase interest rates as much as required to get inflation back down to 2% and that its not possible to predict what the terminal rate will be:
- “I don’t think that we can indicate now what the terminal rate will be, not even if it’ll be 3.5%, 3.25% or 3.75%, because really it is data-de... Read More
Posted: Feb 26 2023, 21:18
Author Name: forexlive
Views: 111687