European Central Bank’s Villeroy, Governor, Banque de France
says end of net asset purchases is approaching, whether it
will be in September or December is not an existential question
We clearly see the current slow down in inflation as temporary – expect inflation to resume its progress in coming months
Says somewhat softer pace of Q2 French
growth could be influenced by exceptional holiday schedule in May
Existentialist question… Wot?
Thanks Mr. V, but I’ll read Camus on the weekend if its all the same with you.
Anyway … V sticking to the ECB line of approaching a winding back in stimulus despite the slip recently in inflation …. ‘temporary’ innit …. We’ll see.