ECB has completed most of its rate hiking, says Villeroy de Galhau

Banque de France governor rejects trade-off between price and financial stability

François Villeroy de Galhau_wikicommons_The Jacques Delors Institute - web.jpg (
Wikimedia Commons/The Jacques Delors Institute (https://bit.ly/3IYY8Dm)

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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