Central Banks

ECB’s Villeroy Says Resilient Economy Makes Rate Hikes Easier

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European Central Bank Governing Council member Francois Villeroy de Galhau said the resilience of the continent’s economy in the face of the energy crisis makes ramping up interest rates less complicated.

“The good resistance of the economy today gives us the means to raise rates in a pragmatic, reasonable way, and therefore to beat inflation,” Villeroy told French TV channel BFM Business on Tuesday evening.