Economics

ECB May Need PEPP Flexibility for Future Stimulus, Villeroy Says

  • French governor says QE could benefit from more dexterity
  • Inflation outlook warrants continued monetary support, he says

Francois Villeroy de Galhau

Photographer: Nathan Laine/Bloomberg
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The European Central Bank should consider keeping some of the flexibility of its pandemic bond-buying program for future asset purchases, according to Governing Council member Francois Villeroy de Galhau.