European Central Bank's (ECB) Governing Council member Francois Villeroy de Galhau said on Tuesday, “ECB will maintain its rate at 4 pct for a suffici
European Central Bank's Governing Council member Francois Villeroy de Galhau said on Tuesday, “ECB will maintain its rate at 4 pct for a sufficiently long time, as it is an efficient remedy.”Inflation is a sickness, interest rates are the medicine, the medicine is beginning to work.Once inflation is back around 2 pct, ECB rate can fall again.Feed news
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