• ECB's Governing Council member Villeroy: Inflation to stay very weak for a long time after the crisis

Notícias do Mercado

8 abril 2020

ECB's Governing Council member Villeroy: Inflation to stay very weak for a long time after the crisis

  • Europe has made significant progress in its response to the virus crisis
  • Even talks in Brussels, there was progress
  • It seems they did not manage to agree in the final stretch of text
  • And also on one of the mechanisms
  • Glass is 3/4 full and there is everything ECB has already done
  • We will have "obligation" to keep rates low for a long period of time
  • Nothing is excluded in principle from intellectual debate about more radical policy measures but such theories can only be envisaged if there is major downside risk to inflation
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