Skip to content
Markets
Economics

Euro-Area Inflation Is Close to Peak, ECB’s Villeroy Says

  • French central banker sees new regime of inflation close to 2%
  • Monetary policy should normalize ‘in stages,’ Villeroy says
Shoppers browse stalls at the Belleville market in Paris.
Shoppers browse stalls at the Belleville market in Paris.Photographer: Nathan Laine/Bloomberg
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The surge in euro-area inflation that surprised policy makers in recent months is close to its peak, according to European Central Bank Governing Council member Francois Villeroy de Galhau.