#AceFinanceDesk ………….The European Central Bank will need to keep monetary policy loose until its inflation target is clearly in sight, ECB policymaker Francois Villeroy de Galhau said on Sunday in an interview with Handelsblatt.

“Inflation in Europe’s single currency bloc is at its weakest in four years, standing at just 0.1% in May and forecast to average 0.3% in 2020, far below the ECB’s target of close to but less than 2%.”

Published: June.28: 2020: https://t.co/nRIScUqj9s

Editor says #AceNewsDesk reports are provided at https://t.me/acenewsdaily and all our posts, links can be found at here Live Feeds https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com