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ECB’s Villeroy: ECB does not target the exchange rate

September 11, 2020 at 07:56AM

Comments by ECB governing council member, Francois Villeroy de Galhau
– But exchange rate obviously matters for inflation and monetary policy
– We will monitor developments in the exchange rate with regard to its implications for the medium-term inflation outlook
This more or less echoes sentiment from yesterday via Lagarde’s press conference, so this isn’t really anything new Continue Reading:…

Author: https://www.forexlive.com/news/!/ecbs-villeroy-exchange-rate-matters-for-inflation-policy-but-ecb-doesnt-target-20200911 Selected by SYFX+

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