PARIS (Reuters) -The European Central Bank must keep its options open for interest rate moves at upcoming meetings to react to risks, including from financial markets, ECB policymaker Francois
ECB Must Maintain Flexibility for Future Interest Rate Decisions
ECB's Approach to Interest Rate Flexibility
PARIS (Reuters) -The European Central Bank must keep its options open for interest rate moves at upcoming meetings to react to risks, including from financial markets, ECB policymaker Francois Villeroy de Galhau said on Friday.
Current Interest Rate Status
The ECB kept interest rates unchanged at 2% for the third meeting in a row on Thursday, which Villeroy described as a good, if not fixed position.
Importance of Agile Decision-Making
"In view of the various risks, including those arising from the financial markets, we must maintain full optionality to act as necessary," Villeroy, who is also head of the French central bank, said in a statement.
"More than ever, agile pragmatism based on data and forecasts will be required at our next meetings," he added.
(Reporting by Leigh Thomas; Editing by Benoit Van Overstraeten)
