• ECB's Villeroy: Inflation will remain high until next year

Market news

13 July 2022

ECB's Villeroy: Inflation will remain high until next year

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Wednesday that inflation will remain high until next year then it should decline in 2023.

Nothing further is reported on the same.

Market reaction

EUR/USD is largely unfazed by the above comments, currently trading at 1.0038, modestly flat on the day.

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