81 “... as the impact of the pandemic on economic activity continues to weaken over time and supply-side constraints...”

82 “... and the recovery taking hold, this is the time to resolve crisis legacies and address long-standing structural...”

83 “... place at the same time as prolonged high inflation in advanced economies, due to monetary policy...”

84 “... in the euro area. Over time, inflation has become increasingly broad-based, with core inflation also rising...”

85 “... the inflation target. Consider carefully the timing and mechanics of the eventual normalization of monetary...”

86

87