Euro Zone Faces Persistent Price Pressures, but Monetary Policy Shows Effectiveness

Euro Zone Faces Persistent Price Pressures, but Monetary Policy Shows Effectiveness.

The President of the Dutch central bank, Klaas Knot, has stated that underlying price pressures in the euro zone may pose challenges.

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Knot acknowledges that persistent inflationary pressures exist due to prolonged high inflation rates.

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Knot highlights that underlying inflation, excluding fuel and food prices, slightly decreased to 5.3% from 5.6% last month.

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