ECB’s Position on Rates Is Good But Not Fixed, Villeroy Says The European Central Bank’s monetary policy is well positioned but could yet shift as officials grapple with risks including those emanating from financial markets, Governing Council member Francois Villeroy de Galhau said. The remarks follow the ECB’s decision to leave its deposit rate at 2% for a third straight meeting, with President Christine Lagarde saying she and her colleagues “will do whatever is needed to make sure that we stay in a good place.”
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ECB’s Position on Rates Is Good But Not Fixed, Villeroy Says

The European Central Bank’s monetary policy is well positioned but could yet shift as officials grapple with risks including those emanating from financial markets, Governing Council member Francois Villeroy de Galhau said.

The remarks follow the ECB’s decision to leave its deposit rate at 2% for a third straight meeting, with President Christine Lagarde saying she and her colleagues “will do whatever is needed to make sure that we stay in a good place.”