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:…

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