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ECB can aim for 'soft-landing' as long as inflation falls

2023-10-12 17:17
MARRAKECH The European Central Bank should aim to engineer a "soft landing" for the euro zone's economy as
ECB can aim for 'soft-landing' as long as inflation falls

MARRAKECH The European Central Bank should aim to engineer a "soft landing" for the euro zone's economy as long as it is confident that inflation keeps falling towards its 2% goal, ECB policymaker Francois Villeroy de Galhau said on Thursday.

"If we can follow a monetary path which ensures a soft landing... it's a much better route for our fellow citizens," the French central bank governor said at an event.

(Reporting by Francesco Canepa; editing by Jason Neely)