No risk of overheating in euro zone - ECB's Villeroy de Galhau - Metro US

No risk of overheating in euro zone – ECB’s Villeroy de Galhau

FILE PHOTO: IMF and World Bank hold 2019 Annual Fall Meetings in Washington

PARIS (Reuters) – There is no risk of overheating in the euro zone economy and no risk of a lasting pick up of inflation, European Central Bank policymaker François Villeroy de Galhau said on Monday.

Villeroy, who is also the Bank of France governor, told BFM Business TV the ECB was “monitoring” borrowing costs, echoing earlier comments from ECB chief Christine Lagarde.

“Financing conditions remain very favorable (…) we’ll see to it that stays that way”, Villeroy said.

(Reporting by Benoit Van Overstraeten and Jean-Stephane Brosse; Editing by Chizu Nomiyama)

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