Wednesday , 6 November 2024
Home Forex ECB ‘very likely’ to reduce interest rates next week, says Villeroy
Forex

ECB ‘very likely’ to reduce interest rates next week, says Villeroy

ECB ‘very likely’ to reduce interest rates next week, says Villeroy

Full Story on PiQ Suite

European Central Bank policymaker Francois Villeroy de Galhau signaled that the ECB is “very likely” to cut interest rates next week due to weak economic growth.

As head of the French central bank, Villeroy’s comments add weight to growing expectations of policy easing, aimed at supporting the eurozone’s struggling economy.

This article was written by Ryan Paisey at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Dow Jones Industrial Average soars 1,400 points in post-election splurge

The Dow Jones Industrial Average (DJIA) surged to a fresh record on...

US Dollar soars as Trumps gets elected as the US 47th President

The US Dollar Index (DXY), which measures the value of the USD...

Mexican Peso recovers after plummeting to two-year low post US election

The Mexican Peso recovers some ground against the Greenback after hitting a...

Forex Today: Will the Fed add to the euphoria

The Greenback was set for its biggest one-day gain since 2020, boosted...