ECB’s Villeroy champions agile gradualism over wait-and-see in rate cut strategy

ECB Governing Council member Francois Villeroy de Galhau said in a speech overnight that risks to inflation are now “balanced”, but risks to growth are “on the downside”. There, “the time has come to take out an insurance against this second risk by beginning rate cuts,” he emphasized. Villeroy said whether it’s April or June […]

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