Central Banks
ECB Will Very Likely Cut Rates in April or June, Villeroy Says
- President Lagarde signaled June cut with 2% inflation in sight
- Bank of France Governor Villeroy speaks on BFM Business TV
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The European Central Bank is very likely to cut interest rates at its April or June meetings as there is now broad consensus on making a move soon, Bank of France Governor Francois Villeroy de Galhau said.
“It seems very probable that there will be a first rate cut in the spring,” he said on BFM Business television on Friday. “Spring goes from April until June 21.”