FRANKFURT, Feb 15 (Reuters) - Euro zone inflation
pressures remain high and the European Central Bank will keep
raising interest to dampen underlying price dynamics, ECB
President Christine Lagarde said on Wednesday, repeating the
bank's most recent policy guidance.
"Overall, price pressures remain strong and underlying
inflation is still high," she told the European Parliament in
Strasbourg. "Even though most measures of longer-term inflation
expectations currently stand at around 2%, these measures
warrant continued monitoring."
She added that, while confidence indicators are rising and
energy prices have fallen, economic activity will remain weak in
the near term.
(Reporting by Balazs Koranyi
Editing by Francesco Canepa)
Reuters Messaging:
balazs.koranyi.thomsonreuters.com@reuters.net))
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