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ECB’s Villeroy says in favour of 50 bp rate hike on Dec. 15

ECB’s Villeroy says in favour of 50 bp rate hike on Dec. 15 By Reuters

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Economy 6 minutes ago (Dec 04, 2022 16:41)

© Reuters. FILE PHOTO: Francois Villeroy de Galhau, Governor of Banque de France, attends the Paris Europlace International Financial Forum in Paris, France, July 12, 2022. REUTERS/Benoit Tessier/File Photo

PARIS (Reuters) – ECB board member François Villeroy de Galhau said on Sunday that he is in favour of a 50 basis point hike to 2% of the European Central Bank’s main rate at its board meeting on Dec. 15.

Villeroy also said in an interview with LCI television that he expects inflation will peak in the first half of next year.

ECB’s Villeroy says in favour of 50 bp rate hike on Dec. 15

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