Finance
ECB's Villeroy: more interest rate cuts to come
Published by Global Banking & Finance Review®
Posted on December 13, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 13, 2024
1 min readLast updated: January 27, 2026
ECB's Villeroy signals more interest rate cuts in line with market expectations, as the euro zone grapples with political and trade challenges.
PARIS (Reuters) - The European Central Bank is likely to further ease interest rates next year and is at ease with market projections for future rates, ECB policymaker Francois Villeroy de Galhau said on Friday.
"There will be further rate cuts," Villeroy told BFM business radio, adding "We are rather at ease with market projections on interest rates".
The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to more easing as the euro zone economy is dragged down by political instability at home and the threat of a fresh U.S. trade war.
(Reporting by Dominique Vidalon; Editing by Benoit Van Overstraeten)
The article discusses the European Central Bank's plans for further interest rate cuts as indicated by ECB policymaker Francois Villeroy de Galhau.
The ECB is cutting rates to address economic challenges in the euro zone, including political instability and potential trade conflicts.
Francois Villeroy de Galhau is a policymaker at the European Central Bank who commented on future interest rate cuts.
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