ECB’s Villeroy: Eurozone inflation at risk of getting entrenched
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“Euro zone inflation is at risk of getting entrenched above 2% so the European Central Bank will keep fighting excessive price growth, even as its policy response is shifting gears,” said French central bank chief Francois Villeroy de Galhau late Tuesday per Reuters.
EUR/USD holds onto the previous day’s recovery moves from a one-week low to 1.0915 by the press time.
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