The @ecb.europa.eu looks set to raise interest rates on Thursday. But that would be a mistake, I argue in my latest column for @projectsyndicate.bsky.social 🧵 #econsky www.project-syndicate.org/commentary/e...
The ECB Should Not Raise Interest Rates Yet
Philippe Legrain argues that while the data are cause for vigilance, monetary tightening would be dangerously premature.
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