ECB’s Villeroy: Monetary policy must remain accommodative

Dhwani Mehta FXStreet

The French daily, Le Figaro, reports the weekend’s comments delivered by the European Central Bank (ECB) Governing Council member and Bank of France Head Villeroy de Galhau, with the key headlines found below.

Monetary policy must remain accommodative.

A serious downturn worldwide.

US economy is still expanding.

China is showing signs of recent stabilization.

In Europe France and Spain are holding up well.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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