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ECB's Villeroy: Determined to get inflation down to around 2% by end 2024 or end 2025

ECB's Villeroy: Determined to get inflation down to around 2% by end 2024 or end 2025
  • Inflation should peak some time in 1H 2023 and then go down
  • ECB will raise rates as much as necessary
  • Voted for a 50 bps rate hike yesterday

They're just winging it at this point and there is already some controversy to the stark revision higher to the inflation forecasts yesterday - which is best explained by former vice president Constâncio in this thread Read More

Posted: Dec 16 2022, 07:20
Author Name: forexlive
Views: 092091

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