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ECB will implement September package but review is welcome: Villeroy

From cnbc.com

The European Central Bank will implement its September stimulus package in full despite a rare public disagreement, but a broader review of the bank’s policy framework is welcome, French central bank chief Francois Villeroy de Galhau said on Wednesday. The ECB cut rates deeper into negative territory last month and agreed to restart bond purchases, a divisive move that was opposed by more than a third of the rate-setting Governing Council, an unusually high level of dissent for a normally collegial body. “Have no doubt: We are committed, and the whole package will be implemented,” Villeroy, who also opposed the asset ... (full story)

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