Reported 6 months ago
Francois Villeroy de Galhau, a member of the European Central Bank's Governing Council, stated that the ECB should not dismiss the possibility of a second interest rate cut in July, contrary to other officials who are hesitant about consecutive cuts. Villeroy emphasized the importance of maintaining flexibility and data-driven decision-making, suggesting that the ECB should keep its options open for potential rate adjustments beyond June. Despite market caution and differing opinions among policymakers, Villeroy believes that the ECB has room for further easing and is not committed to a specific pace of rate reductions.
Source: YAHOO