ECB’s Villeroy: No reason that ECB should increase rates between now and end of next year

There is no reason that the European Central Bank (ECB) should increase rates between now and the end of next year, the central bank Governing Council member and Bank of France Head Francois Villeroy de Galhau said on Tuesday.

Further comments

“There is still big difference in terms of rising energy prices and overall total inflation.”

“Total overall inflation should get back to below 2 percent by end of next year.”

“We remain very vigilant on inflation.”