ECB's Panetta warns of risk of economic damage from high interest rates

ECB’s Panetta warns of risk of economic damage from high interest rates By Reuters – Canada Boosts

© Reuters. Newly appointed Governor of the Financial institution of Italy, Fabio Panetta appears on as he attends a banking convention in Rome, Italy November 30, 2023. REUTERS/Remo Casilli/File Picture ROME (Reuters) – The European Central Financial institution (ECB) must be cautious to not trigger “unnecessary damage” to the financial system and monetary stability via…

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