News


Market Reaction to ECB Decisions ‘Seems Somewhat Excessive’, Villeroy Says

Market Reaction to ECB Decisions ‘Seems Somewhat Excessive’, Villeroy Says

By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau cautioned on Friday against premature conclusions about the outlook for monetary policy in the Eurozone and said that recent market reactions to ECB rate hikes had been somewhat excessive.

16 June 2023