There is no reason for the European Central Bank (ECB) to raise rates between now and the end of next yearsaid on Tuesday the member of the Governing Council of the central bank and governor of the Bank of France, Francois Villeroy de Galhau.
Additional comments
“There is still a big difference in terms of rising energy prices and headline headline inflation.”
“Headline headline inflation should be back below 2% by the end of next year.”
“We are still very attentive to inflation“.
“We are closely following what is happening in China, but no contagion problems are seen at this time due to questions about the China / Evergrande slowdown.”
“I believe that Evergrande is mainly a Chinese problem.”
“I think Evergrande’s problems would have broader economic consequences than systemic financial problems.”
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