ECB's Villeroy: We did what we said we would do on rates

  • Remarks by ECB policymaker, Francois Villeroy de Galhau
  • We sent a strong message of confidence
  • Our priority is to fight inflation
  • French and European banks are 'very solid'
  • European banks are not in the same situation as US banks

On that last remark, I'm not sure what exactly is he trying to imply; that one or the other is not in a financially sound standing? Anyway, only time will tell. As for his other comments on their policy decision, it is what you would expect as a follow-up.

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