Economics

ECB Could Simplify Its Inflation Goal, Villeroy Says

  • ECB’s 2% objective is a target, not a ceiling: Villeroy
  • Villeroy says ECB could drop complex language on 2% goal

Francois Villeroy de Galhau

Photographer: Cyril Marcilhacy/Bloomberg
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The European Central Bank could simplify its inflation goal and even allow prices to run hot temporarily, Bank of France Governor Francois Villeroy de Galhau said.