ECB’s Villeroy: It makes sense for interest rates to reach 2% by the summer.
FXStreetJan 15, 2025 9:16 AM
Speaking in a scheduled appearance on Wednesday, European Central Bank (ECB) policymaker Francois Villeroy de Galhau noted: “It makes sense for interest rates to reach 2% by the summer.”
Additional comments
We have practically won the battle against inflation.
It makes sense for interest rates to reach 2% by the summer.
Risks to French growth forecast (0.9% for 2025) are to the downside.
But we do not see a recession happening.
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