ECB’s de Cos warns of policy transmission strength and economic uncertainty

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<p>ECB Governing Council member Pablo Hernandez de Cos highlighted the surprising strength of monetary policy transmission and cautioned that this could lead to lower growth. Despite the current economic downturn, de Cos emphasized the need for ECB to remain vigilant to avoid the pitfalls of “insufficient tightening” and “unnecessarily harming activity and employment.” De Cos […]</p>
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