- Analytics
- News and Tools
- Market News
- ECB’s Villeroy: Central bank should aim to reach terminal rate by the summer
ECB’s Villeroy: Central bank should aim to reach terminal rate by the summer
European Central Bank (ECB) Governing Council member and French central bank governor Francois Villeroy de Galhau said on Wednesday, the central bank should aim to reach the terminal rate by the summer.
Additional quotes
“Will have to raise rates further in the coming months.”
“ECB needs to be pragmatic about the pace of rate hikes.”
“French inflation likely to have peaked in 1H 2023, should fall to 4% towards the end of the year.”
Market reaction
EUR/USD is little changed at around 1.0740 so far this Wednesday, awaiting the US Consumer Price Index (CPI) data on Thursday for a fresh direction.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
