ECB’s Villeroy: important to remain completely open about future monetary policy decisions

European Central Bank (ECB) policymaker Francois Villeroy de Galhau made some comments on the monetary policy and inflation outlook on Friday.

Key quotes

Inflation - and relatedly ages - remains well under control.

Increases in US tariffs, the extent of which is still uncertain, are not expected to cause inflation to rise, while the appreciation of the Euro is having a significant disinflationary effect.

It is therefore important to remain completely open about future monetary policy decisions.

More than ever, in a volatile environment, agile pragmatism in light of data and forecasts is of the essence.