Economics

Villeroy Warns ECB Will Watch Euro for Imported Inflation Danger

  • Too much weakness would counter monetary policy aims, he says
  • Governor stops short of stressing exact timing for rate move
Francois Villeroy de GalhauPhotographer: Nathan Laine/Bloomberg
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Bank of France Governor Francois Villeroy de Galhau signaled that the weakness of the euro is focusing the minds of European Central Bank policy makers at a time the currency is heading toward parity with the dollar.