Economics

ECB Tightening Too Soon Risks ‘Big Mistake,’ EU’s Gentiloni Says

  • Cites mainstream consensus that inflation jump is temporary
  • European commissioner comments in Bloomberg interview
ECB Tightening Too Soon Risks ‘Big Mistake,’ EU’s Gentiloni Says
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Tightening euro-area monetary policy too soon would be a “big mistake,” Paolo Gentiloni, the European Union’s economy commissioner, said in a Bloomberg Television interview.