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1/17, 8:52 PM (Source: TeleTrader)
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Donohoe: Inflation to last longer than expected

Eurogroup President and the Republic of Ireland's Finance Minister Paschal Donohoe said on Monday that high inflation will last longer than initially expected.

However, he stressed he expects inflation pressure to moderate in 2022.

Donohoe also noted that the current economic recovery is strong despite many risks and challenges it continues to face.

Baha Breaking News (BBN) / NP