ECB 'yardstick of predictability' as elections in EU loom - policymaker Villeroy

The European Central Bank's monetary policy is providing a "yardstick of predictability" as European countries go through a new cycle of elections next year, ECB policymaker Francois Villeroy de Galhau told the Wall Street Journal. "For next year we have an electoral cycle throughout Europe, so we say clearly: in this uncertain environment, economic actors know where monetary policy will be, which is a very strong advantage for them and the economic recovery in Europe," Villeroy was quoted as sa