Central Banks

ECB Policy Will Be as Restrictive as Needed, Italy’s Visco Says

  • Too early to say where terminal rate will ultimately settle
  • Visco speaks in interview on sidelines of G-20 meeting
WATCH: ECB’s Governing Council member Ignazio Visco spoke with Bloomberg on EU’s relentless core inflation.Source: Bloomberg
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The European Central Bank will raise interest rates as high as necessary to bring inflation back down to 2%, said Governing Council member Ignazio Visco.