ECB’s Villeroy - Eurozone inflation remains too low

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 2, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Bank of France governor and ECB member Villeroy was on the wires today stating the inflation in the Eurozone is too low, but added it is still not in deflation.

    Key Quotes

    Eurozone domestic demand is resilient

    ECB will be looking for signs of second-round effects of low oil prices when it publishes its forecasts next week

    Risks to global economy have indisputably increased

    Market volatility is excessive

    Must not let inflation forecasts become too pessimistic
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