Euro rate has insignificant impact on headline inflation - ECB research
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FRANKFURT (Reuters) - The impact of euro exchange rate movements on inflation has declined, and its impact on euro zone consumer prices is close to insignificant, fresh research from the European Central Bank suggested on Monday.Having undershot its inflation target for the past seven years, the ECB has kept monetary policy exceptionally loose, facing some accusations, including from U.S. President Donald Trump, that it was looking for an unfair trade advantage with a weak currency.While a..