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ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
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- The European Central Bank "will do what is necessary" to keep inflation on target, one of its top policymakers has told CNBC.
- Spiking oil prices, a result of the effective closure of the Strait of Hormuz, have fueled concerns that an energy crisis could lead to a resurgence of inflation in various markets.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
The European Central Bank "will do what is necessary" to keep inflation on target, one of its top policymakers has told CNBC.
Speaking to CNBC's Lisa Kim in Singapore on Tuesday, Bank of France Governor Francois Villeroy de Galhau sought to reassure sovereign debt markets that central bankers in Europe were committed to minimizing the impact of the Iran war.
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