Central Banks
ECB’s Panetta Says Inflation Is Falling Faster Than Expected
- Giorgetti says rate cut would help boost growth across Europe
- Italian central bank, finance chiefs speak in Sao Paulo
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European Central Bank Governing Council member Fabio Panetta said that consumer-price growth is slowing more rapidly than anticipated.
“Inflation is falling faster than expected,” he said in Sao Paulo, where he’s attending meetings of Group of 20 finance ministers and central bank chiefs.