News list for " Governing Council Member Villeroy"
European Central Bank Governing Council member Villeroy said that we may further cut interest rates. (Golden Ten)
The decline in inflation has allowed the ECB to lower interest rates, and prices are rising faster than average wages, which is also one of the factors in cutting interest rates, Villeroy said in an interview. Villeroy stressed that the ECB's interest rate policy decisions are independent of the Federal Reserve. The evidence is that the ECB started lowering interest rates in early June, and the Federal Reserve did not cut interest rates until three months later. As inflation falls, we will be ab...
The European Central Bank's governing council, Villeroy, said inflation could reach 2% early next year, with further interest rate cuts possible.
Mr. Villeroy, the ECB's governing council member, said the central bank must be alert to the risk of insufficient economic growth. Market expectations of interest rates in the range of 2% to 2.5% in 2025 are reasonable. Cutting interest rates in September is the right and sensible choice.
