ECB Villeroy: Policy normalization won’t go beyond neutral orientation

<p>ECB Governing Council member Francois Villeroy de Galhau said market reactions to the central bank’s recent comments were “very high and too high in recent days.” He told the French National Assembly that ECB has the optionally on the pace on moving between different stages of policy normalization, which starts with end of asset purchases […]</p>
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