- Inflation will continue to slow down
- We will be able to lower interest rates
- Lowering interest rates should happen "some time" in 2024
This is one of the more dovish commentary ever since the ECB policy meeting last week. Villeroy is breaking the ranks a little by suggesting rate cuts for next year and being vague about the timing of it. That will keep traders hopeful that their pricing is on the money for a move either in March or April.
