ECB's Villeroy: Central bank must be ready to intervene on second-round effects
European Central Bank (ECB) Governing Council member and Governor of the Bank of France, François Villeroy de Galhau, said on Wednesday that the central bank must be ready to intervene in the second round effects.
Key quotes
The ECB must be ready to intervene on 2nd round effects.
We don't have enough info on core inflation yet.
Market reaction
At the time of writing, the EUR/USD pair is down 0.08% on the day at 1.1730.
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