European Central Bank (ECB) officials, including Villeroy and Vasle, have stated that the job of monetary policy is not yet finished, indicating that economic uncertainty is dissipating in France. ECB President Lagarde also emphasized that the central bank is on track but the job is not done yet. Villeroy mentioned that it is premature to predict when in 2024 the ECB will cut rates, while Vasle cautioned that investors betting on rate reductions in the spring are getting ahead of themselves, terming such bets as absolutely premature.
ECB’s Vasle calls spring rate-cut bets ‘absolutely premature’ https://t.co/Aman0W39fA via @atimu2 https://t.co/jzUA1urAKF
ECB Governing Council member Bostjan Vasle said investors betting on reductions in borrowing costs as soon as the spring are getting ahead of themselves — joining other policymakers in pushing back against aggressive pricing https://t.co/aJmIvhzrWm
Villeroy says it is premature to know when in 2024 the ECB will cut rates https://t.co/Oe8Z9I9G7R via @WHorobin https://t.co/0EHG4fsojY
ECB on track but job not done: Lagarde https://t.co/k4Y1pKEhn8 https://t.co/TObohtxm77
ECB’s Villeroy: Economic Uncertainty Is Dissipating In France - Job Of Monetary Policy Isn’t Done Yet
🔴 ECB'S VILLEROY: JOB OF MONETARY POLICY ISN'T FINISHED YET.