ECB's Villeroy: Central bank will keep accommodative policy for as long as needed

Author: Justin Low | Category: Central Banks

Further comments by Villeroy

  • As long as we are not at inflation target, must keep accomodative policy
  • Says that ECB can do more if current downturn worsens
  • Hasn't yet achieved price stability
The same stuff we've been hearing all week from the ECB. Nothing new here from Villeroy. EUR/USD holds steady at 1.1336, stuck within a 15 pips range on the day still.

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