Reported about 16 hours ago
Francois Villeroy de Galhau, a member of the European Central Bank's Governing Council, indicated that interest rates could potentially decrease to 2% this summer, though there is uncertainty about future directions. His views contrast with those of fellow board member Isabel Schnabel, who has raised concerns about pausing rate cuts. Analysts suggest the deposit rate may dip to 1.75% by 2026, but Villeroy cautions against making long-term predictions amid global uncertainties.
Source: YAHOO