ECB will do more if needed to keep prices stable: Villeroy

by Aurelia Butler 18 April 2020, 21:20 189 Views

With inflation below its 2% target, the ECB will have to keep interest rates “very low” and liquidity “very abundant”, Villeroy, who is also governor of the Bank of France, told French weekly Le Journal du Dimanche.

“And if we had to do more to fulfil the price stability mandate entrusted to us by the (EU) treaties, we will do more in all independence,” Villeroy said.

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ECB will do more if needed to keep prices stable: Villeroy

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