Tag: expansionary
ECB/Inflation: Villeroy warns against overly expansionary budgets
PARIS (Reuters) – Overly flexible budgetary policies risk fueling inflation and undermining the European Central Bank’s (ECB) fight against rising prices, Bank of France Governor François Villeroy warned on Friday…
“It is very difficult, if not impossible, to emerge without damage from expansionary economic policies”
ATfter a long period of expansionary fiscal and monetary policies in many OECD countries, governments and central banks want to regain a certain degree of rigor. But when economic policies…