The member of the Governing Council of the European Central Bank (ECB) and President of the Bank of France, Francois Villeroy from Galhau, minimizes the risks of inflation overheating in Europe, in his speech on Friday.
Featured statements:
“The ECB will maintain accommodative monetary policy for as long as necessary.”
“Yesterday there was no discussion about the size of the PEPP envelope.”
“There will be fflexibility at all levels with respect to bond purchases”.
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