ECB’s Villeroy says Ultra-Low Rates are a thing of the past

• https://www.bnnbloomberg.ca/ecb-s-villeroy-says-ultra-low-rates-are-a-thing-of-the-past-1.1880436

The European Central Bank won’t need to return to ultra-low interest rates as inflation will settle in a new regime close to its 2% medium-term target, according to Governing Council member Francois Villeroy de Galhau. [...]