ECB’s Villeroy: Disinflation process is still on track

European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Wednesday that “disinflation process is still on track.”

Additional quotes

It is too early to tell but we could expect inflationary effects from new US policies.

There could be decoupling between ECB and Fed on rates, but it is a non-issue.

Market reaction

EUR/USD holds the bounce near 1.0430 following these comments, modestly flat on the day at press time.