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1 year ago

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ECB's de Guindos says changing inflation goal will hurt credibility

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ECB's de Guindos says changing inflation goal will hurt credibility

The European Central Bank will not revise its mid-term price stability goal of 2% as that would undermine credibility, Vice-President Luis de Guindos said, adding that it was determined to keep raising interest rates to combat inflation.

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ECB's de Guindos says changing inflation goal will hurt credibility

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ECB's de Guindos says changing inflation goal will hurt credibility

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