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Re:European Central Bank rises rates by 0.5% by lancebeet on Thursday July 21, 2022 @10:07AM (#32179575)
Well, it's a "medium term" goal. Medium term in economics generally refers to a timescale of 2-10 years. Pushing the inflation down to 2% this year would be unreasonable, but they may be able to push the inflation rate down below 2% in the upcoming years to at least partially compensate for the high inflation rate this year.

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