ECB’s Villeroy plays down inflation risks, says ECB policy should stay very accommodative

ECB’s Villeroy plays down inflation risks, says ECB policy should stay very accommodative

Please try another search

Economy1 hour ago (May 18, 2021 04:37AM ET)

© Reuters. FILE PHOTO: Governor of the Bank of France Francois Villeroy de Galhau speaks during a news conference at the G7 finance ministers and central bank governors meeting in Chantilly, near Paris, France, July 18, 2019. REUTERS/Pascal Rossignol

PARIS (Reuters) – European Central Bank policymaker Francois Villeroy de Galhau said on Tuesday that he did not think there was “any risk of a durable return of inflation” in the euro zone, and that the ECB’s monetary policy should remain very accommodative.

“As of today, there is no risk of a durable return of inflation in the euro zone and therefore, it goes without saying, there is no doubt that the monetary policy of the ECB will remain very accommodative,” Villeroy, who is also Bank of France governor, told a webcast of the Cercle des Economistes.

U.S. and euro zone bond yields rose last week after higher-than-expected U.S. consumer price data stoked concerns about sustained inflation.

Related Articles

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source

What do you think?

Leave a Reply

GIPHY App Key not set. Please check settings

Written by source