ecb on Nostr: The shocks that drove up prices are still feeding through to the economy and making ...

The shocks that drove up prices are still feeding through to the economy and making inflation more persistent, says President @Lagarde.

To break this, we must bring rates to sufficiently restrictive levels and keep them there for as long as needed ecb.europa.eu/press/key/date…
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230627~b8694e47c8.en.html