Director of the French Central Bank, and therefore member of the Governing Council of the European Central Bank (the policy makers of the Bank), François Villeroy de Galhau spoke to the French media outlet Le Journal du Dimanche in an interview.
- “Unless there are any surprises, we should decide on the first cut at our next meeting on June 6. »
- he is more confident about the downward trajectory of inflation
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“Our reduction at the beginning of June must be followed by other reductions by the end of the year”
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The ECB met last week:
- Forexlive Americas FX News Roundup: ECB Holds Rates But Hints at Future Cuts
This article was written by Eamonn Sheridan at www.forexlive.com.
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