ECB's Villeroy: It would be desirable to reach terminal rate by the summer

  • Remarks by ECB policymaker, Francois Villeroy de Galhau
  • If not, by September at the latest
  • Now entering a new phase of monetary policy, more comparable to a long-distance race

Well, the market at least expects them to hit a peak on rates in June so we'll see. If the economic resilience continues to hold, it will very much be a data-driven cause in the next few months for the ECB.

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