The European Central Bank’s monetary policy is correct though a more gradual approach to raising interest rates would have been preferable, Governing Council member Ignazio Visco said.
“Monetary policy is certainly correct,” to tame inflation, which remains high, although he personally “would have pushed for a more gradual approach,” Visco said at an event in Turin, Italy on Saturday.
Read More : ECB’s Visco Expresses Preference for Gradual Rate Hikes Instead