ECB’s Villeroy: ‘Still Have Room for Gradual Interest Rate Cuts’
28 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Monday that the ECB still had room for more policy easing.
In an interview with French radio RTL, Villeroy, who heads the Banque de France, said that there was no recession risk in France or in the euro area as inflation was going down.
‘We still have room for gradual interest rate cuts', he said.
US President Donald Trump’s policies were ‘not working’, according to Villeroy, who called it ‘a moment of great uncertainty’.
‘The policies of this Trump administration are playing against the US economy and unfortunately also against the world economy’, he said.
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