Core Viewpoint - European Central Bank officials, including Demarco, suggest maintaining interest rates unchanged this month, indicating a cautious approach to monetary policy [1] Group 1 - The appreciation of the euro is seen as beneficial in curbing inflation [1] - The current level of the euro is not considered alarming [1] - There is a need to monitor the pace of euro appreciation [1] Group 2 - The euro is not expected to replace the dollar's status as the world's reserve currency [1]

Group 1 - The core viewpoint is that European Central Bank officials, including Demarco, advocate for maintaining interest rates unchanged this month [1]