ECB has completed most of its rate hiking, says Villeroy de Galhau
Banque de France governor rejects trade-off between price and financial stability
The European Central Bank (ECB) has already implemented most of the interest rate increases in the current cycle, said Banque de France governor François Villeroy de Galhau in a speech in Washington, DC on April 12.
“We may possibly still have a little way to go on rate hikes at our next meetings, though I think it premature to decide now what we will do in May,” said the French governor. “But we have already completed most of our rate-hiking journey and the strongest economic effect ahead of
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