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Remarks by ECB policymaker Mario Centeno

  • Inflation will return to levels below 2% in 2022
  • Eurozone growth is expected to continue to grow rapidly
  • The best response to uncertainty is to keep a close watch, stand ready to act flexibly
  • The ECB has the tools to react with agility and efficiency

While policymakers still try to reassure that the ‘transitional’ team is right, persistent supply chain disruptions until next year will continue to pose a big problem to the narrative or definition. of what is supposed to be “temporary”.

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