Central Banks
ECB’s Villeroy Says Fuel Jolt Won’t Affect 2% Inflation in 2025
- ‘Patience is more important than raising rates further’
- French central bank chief speaks in France Inter interview
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The recent increase in oil prices won’t derail the European Central Bank’s fight to tame inflation, according to Governing Council member Francois Villeroy de Galhau.
“We’re very attentive, but doesn’t put into doubt the underlying disinflation,” he told France Inter radio on Saturday. “Our outlook and engagement is to bring inflation to around 2% in 2025.”