ECB Villeroy: Hiking pace more flexible, possibly slower beyond neutral rate

ECB Governing Council member Francois Villeroy de Galhau said in an interview, “as long as underlying inflation has not clearly peaked, we shouldn’t stop on rates,” “It’s too early to tell where the end point in interest rates, or the so-called terminal rate, could be,” Villeroy said. “That said we are not far from the […]

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