ECB should stick to current policy stance

August 31, 2016 6:51 AM

15 0

FRANKFURT Aug 31 The European Central Bank should to stick to its current monetary policy stance, French central bank chief Francois Villeroy de Galhau said on Wednesday, noting that the ECB needs to exercise caution with monetary policy.

Villeroy, who also sits on the ECB's rate-setting Governing Council, said that European national governments need to do their part to revive growth because the ECB alone cannot put the euro area on a path to sustainable growth.

Also read: Russian Central Bank: Hackers Stole $31 Million From Correspondent Accounts

Read more

To category page

Loading...