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CERNOBBIO, Italy (Reuters) - The European Central Bank (ECB) is monitoring current market tensions closely and will act to preserve price and financial stability in the euro area, ECB vice-president Luis de Guindos said in a speech on Saturday.
“While inflation continues to decline, it is still expected to remain too high for too long,” ECB vice-president Luis de Guindos said at a conference in Cyprus.
Source: https://business.inquirer.net/424858/inflation-battle-will-take-time-top-ecb-official-says