Uncertainty demands pragmatic approach, French governor says



François Villeroy de Galhau

The governor of the Bank of France made four “pragmatic suggestions” to his fellow central bankers over how they should approach macroeconomic and political uncertainty.

The first of these is to “remain very clear about your objectives,” François Villeroy de Galhau told an audience in Paris on March 28. “Uncertain times are not the right ones to create additional doubts about, say, your inflation target,” he said, or “about your capacity and determination to use your tools in a predictable

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