🧵 We must be prudent, recognising what we can do, but also what we cannot do, Executive Board member Fabio Panetta tells @LaStampa. We have limited room to cool imported inflation but we must prevent the rise in inflation from becoming entrenched.
https://www.ecb.europa.eu/press/inter/date/2022/html/ecb.in220505~c0c4aa67ab.en.html
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