France's Noyer: we will beat inflation

"Is inflation set for a comeback?" asked Christian Noyer, the governor of the Banque de France, in a speech in Paris. It might look that way, but central banks can still save the day was his answer.

"Even if it is clear that inflationary pressures have both increased and changed in their nature, I firmly believe that monetary policy can still ensure price stability, over the medium term," he said.

To read the speech, click here

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