ECB’s Villeroy: ECB’s QE working, inflation should rise above 1% in coming months

Dhwani Mehta FXStreet

ECB governing council member and Bank of France head Villeroy was on the wires last minutes, speaking to Europe 1 Radio on the French growth outlook as well on the ECB monetary policy program.

Key Quotes:

See French 2016 economic growth of 1.4%, Q3 seen at 0.3%

Growth is holding up but has hit a ceiling

Reforms pay off in terms of growth

France needs to meet its deficit reduction pledges

ECB's asset purchase programme is working

inflation should rise above 1% in coming months

Donald Trump's economic programme raises questions

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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