🧵Monetary policy needs to be adjusted to ensure that inflation does not become entrenched, says Executive Board member Fabio Panetta. However, given the uncertainty we are facing, an aggressive tightening is not advisable.

https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp221114~23b213922c.en.html

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🐦🔗: https://nitter.eu/ecb/status/1592096444567392256