Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

ECB to keep policy accommodative until inflation recovers - Villeroy

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/15/2019 | 01:16pm EDT
FILE PHOTO: ECB policymaker Villeroy de Galhau, who is also governor of the French central bank, attends the Paris Europlace International Financial Forum in Tokyo

NEW YORK (Reuters) - The European Central Bank is committed to keeping monetary policy loose until inflation returns to its target, ECB policymaker Francois Villeroy de Galhau said on Monday.

Villeroy, who is also governor of the Bank of France, said that euro zone inflation was expected to ease over the course of this year before it begins to gradually recover.

"We are clearly determined to maintain an ample degree of monetary accommodation for as long as necessary to reach our target of inflation below but close to 2 percent," Villeroy told a conference sponsored by the Paris Europlace New York.

The Eurostat European statistics agency estimated euro zone inflation eased in March to 1.4%, while core inflation, which excludes volatile items like energy, slipped to 0.8%.

(Reporting by Richard Leong; Writing by Leigh Thomas in PARIS; Editing by Chizu Nomiyama)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
10:13aTSX rises, mirrors gain in global equities
RE
10:10aWall Street gains on robust Coca-Cola, United Tech earnings
RE
10:05aNigeria's central bank holds benchmark lending rate at 13.5 pct
RE
10:01aIMF says first quarter global trade growth slowest since 2012, big downside risk
RE
09:50aCENTRAL PEOPLE GOVERNMENT OF PEOPLE RE : Resilient foreign trade sees great potential
PU
09:49aBrexit means Bank of England must be 'fleet of foot' - Haldane
RE
09:45aOil slips to around $63 as Iran concerns fade for now
RE
09:45aOil slips to around $63 as Iran concerns fade for now
RE
09:45aOABA SUSTAINING SPONSOR SPOTLIGHT : Nutrien
PU
09:42aOil slips to around $63 as Iran concerns fade for now
RE
Latest news "Economy & Forex"
Advertisement