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ECB’s Villeroy: Given low inflation, we must keep interest rates low

Reuters is out with the latest comments from the European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau, as he says that “given low inflation, we must keep interest rates low.”

Additional comments

It is very good if Europe does more on joint-borrowing like coronabonds.

But crisis response has already gone further than in the past.

  • EUR/USD: No reason to continue the uptrend
  • German Retail Sales jump 1.2% MoM in Feb, a big beat

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