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Euro zone inflation could exceed expectations within the small and medium term, which outlook for cost advancement warrants an finish to the ecu Central Lender's crisis bond purchases upcoming March, Dutch central financial institution chief Klaas Knot stated on Thursday.
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Inflation has surged this year on a lengthy list of one-off developments but a escalating variety of observers, including the Global Financial Fund, warned lately that rate rises can be stickier than when assumed and could turn out to be far more everlasting. "The challenges for headline inflation are once more tilted into the upside," Knot stated in a very speech.
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