ECB’s Villeroy says end of net asset purchases is approaching

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. 

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