News list for " Governing Council Villeroy"
European Central Bank Governing Council Villeroy: There are good reasons to cut interest rates in December.
ECB Governing Council Member Villeroy: We should achieve our 2% inflation target earlier than expected in 2025.
ECB Governing Council Villeroy: ECB interest rate cut "very likely".
Mr. Villeroy, the ECB's governor, backed a cut in interest rates next month after data showed a marked slowdown in inflation in August. He said the central bank should anticipate future progress in taming inflation. He expected inflation to remain at its target of 2 per cent in France through the first half of 2025 and 2 per cent in the eurozone through the second half of next year. "In my opinion, we should act at our meeting on September 12," Mr. Villeroy said. "Decided to cut again...
Mr. Villeroy, the ECB's governor, has backed a cut in interest rates next month after data showed a marked slowdown in inflation in August. He said the ECB should anticipate future progress in taming inflation. He expects French inflation to remain at its 2 per cent target through the first half of 2025 and eurozone inflation to remain at its 2 per cent target through the second half of next year. "In my opinion, we should act at our meeting on September 12," Mr. Villeroy said. "A decision to cu...
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