ECB’s Villeroy: Will maintain accommodative monetary policy beyond the end of QE

Speaking in Paris, ECB’s governing council member Villeroy noted positive remarks on the central bank’s monetary policy.

Key Quotes:

ECB is committed to inflation target of close to 2%

ECB is very attentive to second round effects of oil prices

Will maintain accommodative mon pol beyond the end of QE

Mon pol is playing its role in euro area recovery

Accelerating French economic reform is vital

France is returning to more sustainable growth