ECB still has some interest rate hikes left, head of Bank of France admits.
Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases of key interest rates are yet to come.
“We may possibly still have a little way to go on rate hikes at our next meetings, though I think it’s premature to decide now what we will do in May,” Villeroy said in a speech in Washington. He made a similar statement in an interview at the end of March.
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