November 19, 2018 / 5:03 AM / a month ago

ECB's Villeroy: policy normalization will be gradual, predictable

TOKYO (Reuters) - European Central Bank policymaker Francois Villeroy de Galhau said on Monday that the central bank was on course to normalize its ultra-loose monetary policy but that the process would be “gradual” and “predictable.”

Villeroy, who is also governor of the French central bank, made the comments at the Europlace financial forum in Tokyo.

Reporting by Leika Kihara; Editing by Chang-Ran Kim

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