ECB's Independent Rate Decisions, Says Villeroy

Reported about 12 hours ago

Francois Villeroy de Galhau, a member of the European Central Bank's Governing Council, stated that the ECB's monetary policies will proceed independently of the Federal Reserve. He emphasized that the ECB began reducing interest rates in June, ahead of the Fed's decision three months later, and expects to continue easing due to declining inflation and wage growth trends.

Source: YAHOO

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