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European Central Bank officials stated at a seminar in Portugal that although the Iran conflict has largely ceased, it is still uncertain whether the inflation shock has ended. Chief Economist Lian En stated that it is necessary to pay attention to how the rise in energy costs over the past four months has been transmitted to food and service prices, and the European Central Bank is committed to conducting evaluations at successive meetings. Dutch central bank officials such as Sleppen remain highly vigilant about consumer prices.