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Euro zone needs loose monetary policy until inflation goal near, says Villeroy

The G7 Finance ministers and central bank governors meeting in Chantilly
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PARIS (Reuters) - The European Central Bank will need to keep monetary policy loose until its inflation target is clearly in sight, European Central Bank policymaker Francois Villeroy de Galhau said on Sunday in an interview with German newspaper Handelsblatt.Inflation in Europe's single currency bloc is at its weakest in four years, standing at 0.1% in May and forecast to average 0.3% in 2020,..
Date Published: Jun 28, 2020
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