欧洲央行管委马赫鲁夫：鉴于碎片化引发的冲击在规模、范围以及持续性方面的影响，以及这些冲击对价格的影响，货币政策的应对措施将需要谨慎调整。

Core Viewpoint - The European Central Bank's policy response will require careful adjustments due to the impacts of fragmentation, which affect the scale, scope, and persistence of shocks, as well as their influence on prices [1] Group 1 - The fragmentation has significant implications for monetary policy, necessitating a cautious approach to adjustments [1] - The shocks resulting from fragmentation are characterized by their scale, scope, and duration, which complicates the monetary policy landscape [1] - Price impacts from these shocks are a critical consideration for the European Central Bank in formulating its policy response [1]