ECB Villeroy: Price stability preserves consumer spending power

Author: Greg Michalowski | Category: Central Banks

Villeroy speaking in Luxembourg



  • fears of US recession are very premature
  • US economic cycle arriving at maturity
  • euro area economic scenarios relatively favorable
  • EU global activity decelerating, not in downtown
  • yellow vests crisis justifies Macron measures
  • faced with uncertainty, ECB should keep options open
  • gradual normalization of ECB policy still desirable
  • stopping net asset purchases was big decisions
  • sees no need to give additional guidance on timing or details on the process of normalization until next spring
  • wage inflation not yet transmitted to core inflation

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose