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FRANKFURT, April 29 - Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the European Central Bank should still exercise caution in cutting interest rates beyond a first step in June, Dutch policymaker Klaas Knot told Nikkei.
"I am increasingly confident in the disinflation process," Knot said in an interview on Monday, adding that the June rate cut remains realistic if price and wage data continue to come in line with projections."For after June, I would say: no pre-commitment to any specific time path," he said.
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