ECB's Bini Smaghi says rates depend on growth data

Interest rates "must adjust" to combat inflation if economic growth continues, European Central Bank executive board member Lorenzo Bini Smaghi told Italian daily La Stampa in an interview published Sunday 11 March.

Bini Smaghi also said inflation in the coming months is expected to stay at a rate of less than 2%, thanks partially to recent ECB interest rate hikes.

Economic growth in the eurozone continues at a "sustained pace," Bini Smaghi said, adding that ECB monetary policy focuses on the

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