Home ECB’s Villeroy: I still believe that the normalization of monetary policy is desirable

ECB’s Villeroy: I still believe that the normalization of monetary policy is desirable

Published date: 27 Feb. 2019 | 19:13

In an interview with Portuguese magazine Expresso, ECB policymaker Francois Villeroy de Galhau said that he still believed that the normalisation of the monetary policy was still desirable.

Key quotes (via Reuters)

We should study how to ease possible adverse effects of negative rates if they must be used longer than expected.
If current downturn happened to be more durable, then we would adapt.

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