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(CEP News) Frankfurt - In an interview with Dutch magazine Elsevier, European Central Bank Governing Council member Nout Wellink emphasized that it would be a mistake to believe that inflation will decelerate as the economy slows.
Wellink added that the best contribution to slowing growth that the ECB could make would be reducing inflation growth. The Dutch magazine also quoted Wellink commenting on inflation expectations. "Inflation expectations are changing for the short term. Expectations for the long term are still steadily low," Wellink said. By Todd Wailoo,
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, edited by Nancy Girgis,
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