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EMU could group 1.7% in 2016 – ECB’s Villeroy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Edinburgh) - ECB’s Governing Council member F. Villeroy de Galhau believes the euro region could growth 1.7% during the present year.

    Villeroy has also defended the current ECB’s accommodative monetary stance, stressing that the actual level of low interest rates in the region are necessary.

    No major remarks on the exchange rate, only that it remains favourable to the French economic growth.
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