Central Banks
ECB’s Villeroy Says Disinflation Buoys Confidence to Cut ‘Soon’
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A further slowdown in inflation can give the European Central Bank greater confidence to cut borrowing costs again “soon,” Bank of France Governor Francois Villeroy de Galhau said.
Consumer prices in the 20-nation euro zone rose 2.2% in March, data this week showed, with policymakers expecting to sustainably achieve their goal in the coming quarters.