ECB's Villeroy: Critical mass of data needed before tightening policy
In his annual letter to French President Emmanuel Macron on the state of the economy on Monday, European Central Bank (ECB) policymaker Francois Villeroy de Galhau argued that the ECB needs gather a "critical mass of data" suggesting that inflation is becoming entrenched before tightening the policy, per Reuters.
Market reaction
EUR/USD largely ignored these comments and was last seen trading virtually unchanged on the day at 1.1720.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Charles Hoskinson Says Buy This Stock As Neoclouds Suffer Nvidia's Crisis
CGI Inc. Price Target Raised to C$115.00/Share From C$100.00 by RBC Capital
Finland Turns Bitcoin Miners Into Discounted Home-Heating
New Zealand Dollar steadies around 0.5550 as US Dollar bulls take a break
Crypto prices
More
