ECB Villeroy: rates says should remain at this level for sufficiently long period of time

<p>Francois Villeroy de Galhau, Governor of Banque de France, and a Governing Council member at the European Central Bank</p><ul><li>
Says what we see now is slowdown but still with positive growth –
cnbc interview</li><li>Positive growth
expected for 2024-25</li><li>On interest rates
says should remain at this level for a sufficiently long period of time</li><li>I have less fear about the economy than I did a year ago</li><li>Inflation should come back towards 2% target by 2025 while avoiding recession for the economy</li></ul><p>Earlier from V:</p><ul><li><a href="https://www.forexlive.com/centralbank/ecb-villeroy-risk-of-doing-too-much-risk-of-doing-too-little-now-symmetrically-balanced-20230925/" target="_self">ECB Villeroy: risk of doing too much &amp; risk of doing too little now symmetrically balanced</a></li></ul><ul><li><a href="https://www.forexlive.com/centralbank/ecbs-villeroy-expects-the-banks-interest-rates-to-peak-soon-and-plateau-for-a-long-time-20230709/" target="_blank" data-article-link="true">ECB's Villeroy expects the Bank's interest rates to peak soon, and plateau for a long time</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.