ECB’s Villeroy: We’re not at similar situation to Kippur War

In an interview with franceinfo radio, ECB Governing Council member Francois Villeroy de Galhau affirmed that the current interest rates, pegged at a historical high of 4% after ten consecutive hikes, are positioned at a “good level”. Furthermore, Villeroy added that the prevailing economic climate doesn’t warrant additional rate hikes. However, Villeroy didn’t mince words […]

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