Noyer says no conflict on price stability, growth

Bank of France governor and ECB governing council member Christian Noyer told the Liberation newspaper on Tuesday 23 January current monetary conditions are favourable for growth and there is no conflict between price stability and economic growth.

He added that the ECB had no target exchange rate for the euro and noted that currency swings were currently less volatile than in the time of the French franc.

Noyer's comments in Tuesday's newspaper follow sustained attacks on the ECB by French po