24 Nov 2016
ECB's Villeroy: Until March, we will implement our monetary policy, a sudden stop should be ruled out
In an interview with Spanish daily, Bank of France Head and ECB governing council member, Francois Villeroy de Galhau, noted that the bank will continue to implement the monetary policy as previously committed to, until March.
Key Headlines:
Until March, we will go on implementing our monetary policy exactly as we committed ourselves to
As for post-March, we will take stock of our progress and we will decide in a pragmatic approach in coming meetings
We have a couple of meetings ahead to do that, starting in December. And we have many options open for our APP
A sudden stop should be ruled out, but the ECB would have to look closely at adapting the programme