The European Central Bank (ECB) continues to believe inflation is a largely temporary phenomenon, the central bank policymaker Klaas Knot said on Friday.
Knot is speaking alongside President Christine Lagarde, both sharing similar views on inflation.
She said that the central bank sees inflation going towards target in course of 2022.
EUR/USD reaction
EUR/USD keeps its range just below 1.1300, as investors digest the ECB-speak ahead of the critical US NFP release.
