Finance › Speeches › François Villeroy de Galhau

Two insights concerning the latest developments in price stability and financial stability

· 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, financial stability, banking regulation and supervision

FV
· François Villeroy de Galhau Wiki · Banque de France WikiTwo insights concerning the latest developments in price stability and financial stability

ContextSpeech at the 2024 Eurofi Financial Forum in Budapest; the Banque de France keeps prices and finance stable as euro area inflation falls.

Why it mattersThe French governor says monetary policy alone cannot fix Europe's growth problem.

Problems raised
  1. Europe faces a serious growth problem.
  2. US Basel III changes affect competition.
  3. Reforms are delayed.
Solutions proposed
  1. Do not rely on monetary policy alone.
  2. Implement the Draghi and Letta proposals.
  3. Adopt supply-side reforms.
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