Speaking in a scheduled appearance on Wednesday, European Central Bank (ECB) policymaker Francois Villeroy de Galhau noted: “It makes sense for interest rates to reach 2% by the summer.”
Additional comments
We have practically won the battle against inflation.
It makes sense for interest rates to reach 2% by the summer.
Risks to French growth forecast (0.9% for 2025) are to the downside.
But we do not see a recession happening.
Source: https://www.fxstreet.com/news/ecbs-villeroy-it-makes-sense-for-interest-rates-to-reach-2-by-the-summer-202501150916