The European Central Bank (ECB) may need to adjust its monetary policy to manage the risk of eurozone inflation falling below its 2% target rather than exceed it, the French central bank governor François Villeroy de Galhau said today. To stimulate a lagging economy, the ECB cut on Thursday its interest rates by 25 basis points. The move comes on the heels of eurozone inflation falling to 1.7% in September and sluggish growth, particularly in Germany. “The risk of undershooting our target in the long term is now as present as the risk of overshooting it,” Villeroy said in a statement. “We shou…