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- ECB's Executive Board member Mersche: The longer the weakness in manufacturing process, the greater the risk that other sectors of the economy will be affected
ECB's Executive Board member Mersche: The longer the weakness in manufacturing process, the greater the risk that other sectors of the economy will be affected
- Risks to growth outlook remain on the downside
- Likelihood of deflation is limited
- Better policy mix can help ECB to achieve goal faster
- Likelihood of deflation remains limited, market expectations of inflation over the medium-term are settling around the values that are not consistent with our inflation aim
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