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ECB’s Villeroy: It is quite likely that inflation has passed its peak in France

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  • Will bring inflation down to 2% between now and 2025
  • Perseverance counts for ore than speed regarding monetary policy

He is commenting after the earlier report here. While there are positive developments with regards to headline annual inflation, core prices remain a problem and it is a similar case throughout the region. For now, we will have to see if the former will be able to feed through and impact the latter in the months ahead.

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