ECB Villeroy: A too weak Euro goes against price stability objective

ECB Governing Council member Francois Villeroy de Galhau said in a Bank of France conference, “let me stress this: we will carefully monitor developments in the effective exchange rate, as a significant driver of imported inflation”. He added, “a euro that is too weak would go against our price stability objective.” Villeroy said a “decisive” […]

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