ECB’s Villeroy: Wise to Keep Rates Steady, No Reason to Expect Hike in Near Term

10 December 2025

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that it would likely be “wise” to keep interest rates at their current levels for now while maintaining flexibility, adding that there was no reason to a expect a hike in the near future.

In an interview with French radio Europe 1, Villeroy, who heads the Banque de France, said that “[i]t would probably be wise to maintain rates at the favorable level they are at currently, while remaining agile and open about future meetings.”

However, given the present circumstances he said that there was “really no reason” to expect a rate hike in the short term, despite market speculation.

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