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ECB’s Vujčić: Inflation momentum is still persistent

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  • It is questionable if we will be able to get to 2% in the next two years

Honesty is such a rarity in the profession nowadays, so the above comments are certainly a breath of fresh air. But if you really want to look at it in one way, it could be suggestive to mean that they will need more rate hikes to be more assured of getting inflation on the right path to 2%.

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