The member of the Governing Council of the European Central Bank (ECB), François Villeroy de Galhau, said this Tuesday that they have the commitment to maintaining a very accommodative political stance, as reported by Reuters.
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“We want to avoid unjustified fragmentation caused by shocks or volatility“.
“We will be ready to use the full power of all our policy instruments, including the flexibility of our PEPP program. “
“Our target is and continues to be inflation, financing conditions have to do with the transmission of monetary policy “.
“We carefully monitor the exchange rate implications on the inflation outlook“.
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