Home > Latest > Body

European Central Bank Governing Council Villeroy: Cutting interest rates in September is the right and wise choice

clock
2024-08-30 22:11:47
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.