PARIS (Reuters) -The European Central Bank stands ready to react as necessary to the flow of economic data in the face of currently high uncertainty, ECB policymaker Francois Villeroy de Galhau said on Tuesday.
The ECB cut rates for the eighth time last Thursday and signalled that it may now pause after its fastest policy easing cycle since the 2008/2009 global financial crisis.
“We will remain pragmatic going forward according to the data and will be as agile as necessary,” Villeroy, who is also head of the French central bank, told a financial conference in Paris.
(Reporting by Leigh Thomas, Editing by Dominique Vidalon)
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