Wednesday , 6 November 2024
Home Forex ECB’s Villeroy: There is a risk of undershooting 2% target, especially if growth weak
Forex

ECB’s Villeroy: There is a risk of undershooting 2% target, especially if growth weak

  • Inflation could be at target in early 2025
  • The ECB is not behind the curve but risk of cutting rates too late is bigger than cutting too early
  • No reason for rates to stay restrictive in 2025

Lagarde was a bit more dovish today and these comments are as well. I don’t think that puts 50 bps on the table yet but the Dec 12 meeting is a ways away.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Nevada exit poll highlights Trump’s big improvement among hispanic voters

Preliminary results of Nevada exit poll:&]:mt-2 list-disc space-y-2 pl-8" depth="0">Trump wins 52%...

UK government confirms spread of bird flu in commercial poultry

Passing on this info from Reuters ICYMI. UK government said on Tuesday...

Dollar rejoices as Trump looks to pass North Carolina test

North Carolina is the first swing state to be called (by Decision...

China state banks seen selling USD/CNY – intervention to slow yuan drop

Major Chinese state banks selling USD/CNY trying to contain the yuan losses.Good...