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22 March 2023

Bruegel's Papadia: The European Central Bank’s latest move tells a clear story

At its 16 March 2023 meeting, the European Central Bank’s Governing Council stuck to its promise to raise interest rates by a full 50 basis points. This was the right thing to do. By not listening to the voices advising a 25 basis points or no increase at all, ECB President Christine Lagarde...

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