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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 https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230627~b8694e47c8.en.html https://t.co/vpNdiYgG3V
