ECB’s de Cost and Villeroy emphasize patience and consistency

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<p>In today&#8217;s conference in Madrid, Pablo Hernandez de Cos, a member of the ECB Governing Council, emphasized the need for patience in the bank&#8217;s approach to interest rates. De Cos pointed out, &#8220;If we keep rates at these levels long enough, there are very good chances that we will be able to reach our 2% [&#8230;]</p>
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