ECB’s Villeroy: Even Small but Persistent Deviations Can Influence Expectations; Lasting Undershoot Not Acceptable
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that even minor but persistent deviations from the ECB’s inflation target could affect inflation expectations, stressing that the ECB should not tolerate a sustained undershoot.
5 December 2025
















