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How bad is the ECB error? The ECB is almost certain to commit policy error today. However, the damage from the unnecessary rate increase should be limited. www.ubs.com/global/en/we... #EconSky
The ECB is almost certain to commit a policy mistake today. Raising rates will not change Eurozone inflation or inflation expectations. This policy is stuck in an unhelpful 2022 mindset. Consumers wil...
www.ubs.com
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How bad is the ECB error?
Paul Donovan