European Central Bank Governing Council Member Francois Villeroy de Galhau discusses the appreciation of the euro and says the ECB doesn’t have "any specific target for the exchange rate." He adds that an appreciation of the single currency "has a clear disinflationary effect." The Banque de France Governor also talks about inflation in the euro-area, the bloc’s growth path, as well as the economic situation in France. He speaks to Bloomberg’s Caroline Connan in Aix-en-Provence, France.
00:00 – Bank of France Governor Francois Villeroy on euro appreciation, exchange rate, risks
02:08 – ECB inflation targets, disiflationary effect and risks of euro appreciation, trade deal
04:33 – Reaction function of ECB rate cuts
05:36 – Inflation, growth path
06:42 – Inflation situation in France, economy and competitiveness in France, growth "too slow"
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
