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ECB Officials Unite in Support of Ending Rate Hikes Soon

Photo by Markus Spiske on Unsplash

A growing chorus of European Central Bank officials predicts that interest-rate increases will soon come to an end — signaling a new-found consensus after tensions began to bubble up at their last policy meeting.

France’s Francois Villeroy de Galhau kicked things off on Friday, saying the ECB has completed most of the monetary tightening needed to get inflation back under control. Since then, his Governing Council colleagues from Greece, Lithuania and Croatia have sung a similar tune.

Source : ECB Officials Unite in Support of Ending Rate Hikes Soon

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