ECB Governing Council member Francois Villeroy de Galhau has warned of the risk of entrenched inflation yesterday, stating, “We now face the risk of entrenched inflation, which lies in the underlying or core component. In other words, inflation has become more widespread, and potentially more persistent.” Villeroy emphasized that the ECB’s monetary policy response to […]
The post ECB’s Villeroy warns of entrenched inflation risk, shifts focus to long-distance race appeared first on Action Forex.
