ECB board member warns of risk to economic growth if rates are raised too high

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ECB board member warns of risk to economic growth if rates are raised too high
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ECB board member warns of risk to economic growth if rates are raised too high via IrishTimesBiz

“To move in small steps is not to move less,” Mr Panetta told an event in London, saying the decline in energy prices – if maintained – would mean inflation falling to as low as 3 per cent later this year. “We face so much uncertainty in both directions, I would consider it unwise to move very fast.”Chupi Sweetman is the Irish jewellery designer on a mission to disrupt the diamond industry. The founder and CEO of her eponymous brand has just secured €3.

Inflation has slipped from a high of 10.6 per cent in the autumn to 8.5 per cent in January. However, core inflation remains at record high levels of 5.2 per cent.

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