Money - International
ECB’s Villeroy: ECB to do what is necessary to bring inflation around 2pc
The headquarters of the European Central Bank (ECB) is photographed during sunset, as the spread of the coronavirus disease (Covid-19) continues in Frankfurt, Germany, April 28, 2020. u00e2u20acu201d Reuters pic

PARIS, Jan 24 — The European Central Bank will do whatever is necessary to bring inflation down to around 2 per cent, ECB member and Bank of France governor Francois Villeroy de Galhau said today.

"If needed, the European Central Bank, the Bank of France will do what is necessary to bring inflation to around 2 per cent,” Villeroy told Europe 1 radio. "Monetary policy must neither be a brake to growth nor an accelerator to inflation. So we must assess the good pace for normalising monetary policy,” he added. — Reuters

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