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ECB Villeroy: rates says should remain at this level for sufficiently long period of time

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Francois Villeroy de Galhau, Governor of Banque de France, and a Governing Council member at the European Central Bank

  • Says what we see now is slowdown but still with positive growth –
    cnbc interview
  • Positive growth
    expected for 2024-25
  • On interest rates
    says should remain at this level for a sufficiently long period of time
  • I have less fear about the economy than I did a year ago
  • Inflation should come back towards 2% target by 2025 while avoiding recession for the economy

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