ECB’s Villeroy: We are near or very near the peak on interest rates

  • Our option are open at the next and upcoming rate meetings
  • Maintaining rates for a sufficiently long period now counts more than further rate hikes

I think markets can very well agree on his last point but with the euro area economy stumbling, how long can the ECB put off rate cuts in the year ahead?

This article was written by Justin Low at Source