ECB should get ready to tighten policy, Lautenschläger says
The European Central Bank should start getting ready to adjust its monetary policy, suggested Sabine Lautenschläger, a member of the ECB's executive board, in a CNBC interview on Monday. "We should prepare for a change in the policy, and as soon as the [economic] data is stable, and we have a sustainable path towards our objective of price stability, then we are well prepared to do," she said. The current loose policy is necessary, but inflation could continue to rise, according to Lautenschläger.
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