ECB’s Villeroy: We will not raise interest rates anymore

  • Inflation will continue to slow down
  • We will be able to lower interest rates
  • Lowering interest rates should happen “some time” in 2024

This is one of the more dovish commentary ever since the ECB policy meeting last week. Villeroy is breaking the ranks a little by suggesting rate cuts for next year and being vague about the timing of it. That will keep traders hopeful that their pricing is on the money for a move either in March or April.

This article was written by Justin Low at Source