Bank of France’s Villeroy: ECB engaged in bringing down inflation to 2% in two to three years from now

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PARIS — The European Central Bank (ECB) is engaged in bring down inflation to 2 percent in “two to three years” from now, ECB member and Bank of France head Francois Villeroy de Galhau told France Culture radio on Monday.

“I also note, in passing, that inflation in France is too high at present,” he added.

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Euro zone inflation accelerated to 10% last month. (Reporting by Tassilo Hummel; Editing by Sudip Kar-Gupta)