• European Central Bank Governing Council member François Villeroy de Galhau: the central bank could add further stimulus measures to boost inflation

Market news

2 March 2016

European Central Bank Governing Council member François Villeroy de Galhau: the central bank could add further stimulus measures to boost inflation

European Central Bank (ECB) Governing Council member and Bank of France Governor François Villeroy de Galhau said on Wednesday that the central bank could add further stimulus measures to boost inflation. New ECB stimulus measures could targeted loans to commercials banks, higher asset purchases and more details about how long the central bank plans to keep its interest rates at low levels, de Galhau noted.

He also said that the Eurozone's inflation was too low, adding that inflation will likely be positive in the second half of the year.

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