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ECB May See 2% Inflation Sooner Than Forecast, Portugal s Raposo Says

(Bloomberg) The European Central Bank may see inflation returning to its 2% target sooner than currently forecast, considering the fragile state of the economy, according to Clara Raposo, vice governor of the Bank of Portugal.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Malta in Bid to Keep Channel

Credit rejected by banks due to Banco de Portugal ruling is growing

July 20, 2023 23:45 Thiago Miranda Banks are obligated to simulate provisions by increasing interest rates by three percentage points. The scenario means

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