ECB's Villeroy: ECB to do what is necessary to bring inflation around 2%
Reuters
Published Jan 24, 2022 02:39AM ET
Updated Jan 24, 2022 03:16AM ET
PARIS (Reuters) -The European Central Bank will do whatever is necessary to bring inflation down to around 2%, ECB member and Bank of France governor Francois Villeroy de Galhau said on Monday.
"If needed, the European Central Bank, the Bank of France will do what is necessary to bring inflation to around 2%,"Villeroy told Europe 1 radio.
"Monetary policy must neither be a brake to growth nor an accelerator to inflation. So we must assess the good pace for normalising monetary policy," he added.
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Written By: Reuters
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