More details on the new program planned by the European Central Bank against financial fragmentation between the countries of the Eurozone were given today by the member of the Board. of the bank and Governor of the Bank of France, Francois Villeroy de Galhau, as reported by Reuters. It is recalled that the ECB, at […]
Tag: Villeroy de Galhau
Villeroy: There is no consensus on a 0.5% interest rate hike
The member of the board of the ECB, Francois Villeroy de Galhau, opposed the idea of raising interest rates by half a percentage point, as the Bank wants to reduce its support program gradually, amid rising inflation. “An increase of 50 basis points is not something that is being agreed upon at this point, I’m […]
Villeroy (ECB): Falling euro could threaten efforts to calm inflation
The weakening euro in the foreign exchange markets could threaten the European Central Bank’s efforts to bring inflation closer to its target, said Bank member Villeroy de Galhau. The euro was at its lowest level against the dollar since 2017. It traded slightly higher than this level early Monday. The weakness of the euro makes […]
Villeroy: The ECB will start raising interest rates gradually this summer
The European Central Bank (ECB) will begin raising interest rates gradually this summer, said Francois Villeroy de Galhau, a member of the ECB and governor of the central bank of France. Several members of the ECB are talking about an interest rate hike in July to offset rising inflation, which jumped to 7.5% in the […]
Villeroy: The ECB must keep all options open due to the uncertainty of inflation
The European Central Bank must keep all its options open, especially with regard to future interest rate hikes, given the uncertainty surrounding the course of inflation, ECB member Francois Villeroy de Galhau said on Tuesday. In the midst of rising inflationary risks, the euro central bank opened the door for a rate hike later this […]
Villeroy: ECB will do whatever it takes to drive inflation to 2%
The European Central Bank will do whatever is necessary to drive inflation back to the 2% target in the medium term, the board member stressed today. of the ECB and Governor of the Bank of France, Villeroy de Galhau as reported by Reuters. Inflation hit a new high of 5.1% in January. This has raised […]
Villeroy (ECB): Inflation is nearing its peak
The inflation rally that has taken policymakers by surprise in recent months is nearing its peak, according to Francois Villeroy de Galhau, a member of the European Central Bank’s board, as reported by Bloomberg. The release of consumer price data in France in December shows the first signs of stabilization and the ECB expects the […]