The ECB can accept inflation above 2% for some time – Villeroy

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The member of the Governing Council of the European Central Bank (ECB), François Villeroy de Galhau, said on Tuesday that the ECB can accept inflation above 2% for some time, as reported by Reuters.

The ECB is at least as accommodating and will be at least as patient as the US Federal Reserve“added Villeroy.”Any hypothesis of reduction of purchases in part for the third quarter or following quarters is purely speculative“.

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