ECB’s Villeroy de Galhau: Terminal rate expected by summer, focus on monitoring past hikes’ effects

ECB Governing Council member Francois Villeroy de Galhau reiterated that the central bank’s policy rate is expected to reach its peak “not later than by summer”. He hinted at the possibility of either rate hikes or pauses in the three upcoming Governing Council meetings, but advised against making assumptions about future policy decisions based on […]

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