• ECB’s Villeroy: Interest rates to reach high point soon, will be a plateau than a peak

Market news

9 July 2023

ECB’s Villeroy: Interest rates to reach high point soon, will be a plateau than a peak

European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau said over the weekend, “Eurozone rates will soon reach their high point, but it will be more of a high plateau than a peak.”

“Raising central bank inflation target isn't a good notion,” he added.

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