Economics

ECB’s Villeroy Urges Against Rushed Conclusions on Rate Hikes

Bank of France governor says ‘optionality’ is key word for ECB
Markets, analysts are bringing forward tightening predictions

Francois Villeroy de Galhau
Photographer: Nathan Laine/Bloomberg

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By William Horobin

February 4, 2022 at 8:00 AM EST

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European Central Bank policy maker Francois Villeroy de Galhau is set to caution against predicting when interest rates will be raised after investors and analysts accelerated predictions for hikes in the coming months.