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ECB's Villeroy: ECB to do what is necessary to bring inflation around 2%

“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.

Supply chains cause diverging fortunes at City stalwarts

Omicron hits eurozone business despite fewer supply chain snags, PMIs show