Villeroy Says ECB Needs More Data Before Rate Hikes
Villeroy says the ECB needs clear evidence of entrenched inflation before raising rates. He stressed monitoring wage growth and medium-term price expectations.
Xurve View
Xurve View
Bank of France Governor Francois Villeroy de Galhau said the European Central Bank (ECB) requires a "critical mass of data" before raising interest rates. The ECB held rates steady on Thursday but debated a potential June hike to combat energy-driven inflation. Investors are tracking whether the ECB shifts from its current pause to active tightening as price pressures spread beyond energy.
