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“There is no doubt about our determination to act as much as needed,” said the European Central Bank (ECB) Governing Council member and Bank of France Head Francois Villeroy de Galhau on Friday, adding that “we have ample room to maneuver.”

Additional quotes

“Inflation is not yet where we want it.”

“ECB has ‘free hands’ for future action.”

“Don’t assume ECB will simply follow Fed’s strategy.”