ECB’s Villeroy Say G-7 FX Interventions Work

12 October 2022

The market turmoil sparked by the UK’s fiscal and monetary missteps is not over yet and offers lessons to other countries trying to navigate surging inflation, Bank of France Governor Francois Villeroy de Galhau said. “Avoiding any specific comments on fiscal policy or monetary action there are probably some useful landmarks to be taken from what happened and it is not yet over,”…

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