ECB’s Villeroy – Eurozone inflation remains too low

ECB member and Bank of France governor Villeroy was back on the wires stating the inflation in Eurozone remains too low, but assured markets the bank can meet its inflation target.

Key Quotes

Unanchoring of inflation expectations is a risk

2% inflation target is ‘indispensable anchor’

Output gap is essential indicator for ECB

Eurozone’s main markets show no signs of bubbles

ECB member and Bank of France governor Villeroy was back on the wires stating the inflation in Eurozone remains too low, but assured markets the bank can meet its inflation target.

(Market News Provided by FXstreet)