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- ECB's Draghi says growth is stronger than previously expected
ECB's Draghi says growth is stronger than previously expected
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The euro area economy is expanding robustly
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Given the uncertainty surrounding the measurement of economic slack, the true amount may be larger than estimated
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At the same time, inflation has yet to show more convincing signs of a sustained upward adjustment
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We anticipate that headline inflation will resume its gradual upward adjustment
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Relationship between growth and inflation remains largely intact, even if it has temporarily weakened
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These factors should wane as the economic expansion continues
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