How monetary policy will defeat inflation - channels and locks
17 February 2023 · François Villeroy de Galhau , Governor of the Banque de France (France)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability , growth, investment and productivity
FV 17 Feb 2023 · François Villeroy de Galhau Wiki · Banque de France Wiki How monetary policy will defeat inflation - channels and locks Context Speech at the Centre des professions financières in Paris; the Banque de France keeps prices stable and explains how rate rises will bring inflation down.
Why it matters Villeroy aims to halve inflation by the end of the year.
Problems raised Inflation is the number one concern. Entrenched inflation would harm confidence and growth. Underlying inflation is hard to measure. Solutions proposed Use monetary policy channels to defeat inflation. Monitor measures of underlying inflation. Aim to halve inflation by year-end. Read full speech on bis.org ↗ More from François Villeroy de Galhau · Banque de France · all speeches
More speeches by François Villeroy de Galhau Other leaders on monetary policy and interest rates
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