European Central Bank Governing Council Villeroy: The downside risks to inflation outweigh the upside risks.
European Central Bank Governing Council Villeroy: The next step is more likely to cut interest rates than to raise interest rates.
Jean-Claude Villeroy, the governor of the Bank of France and the governing body of the European Central Bank, joined global policymakers in warning of the White House's attack on the US Federal Reserve. "We Europeans must defend the independence of our central banks against the serious backsliding of the Trump administration," he said in Vienna. "Independence is not an obstacle to achieving reasonably low interest rates. On the contrary, it is a prerequisite for achieving reasonably low interest...
European Central Bank Governing Council Villerois: The European Central Bank has successfully normalized policy, and policy and inflation are currently in a favorable range. Being in a favorable range does not mean that the European Central Bank will remain unchanged. We will continue to advance the interest rate issue pragmatically according to the data flow and remain flexible if necessary. (Golden Ten)
The European Central Bank's governing body, Villeroy, said further interest rate cuts are possible in the coming weeks.
European Central Bank Governing Council Villeroy: Europe still has room to cut interest rates, reiterating that it does not think there will be an economic recession in France or Europe. (Golden Ten)
European Central Bank Governing Council Member Villeroy: Although Trump's decision to suspend tariffs is not bad news, there are still some elements of bad news in the United States.
ECB Governing Council Member Villeroy: Protectionism remains a headwind in the US economy.
European Central Bank Governing Council Villeroy: The new US offensive requires "drastic economic choices".
ECB Governing Council Member Villeroy: The latest Eurozone inflation data gives us confidence that we will soon cut interest rates again.