ECB’s Villeroy: At this stage, further rate hikes are not the right thing to do

  • Interest rates are on a good level
  • Events in Israel add to economic incertitude
  • Wary about oil price developments over Israel situation

He adds that there is no reason presently to tweak inflation prospects and they still see it converging to the 2% mark by 2025.

This article was written by Justin Low at Source