ECB's Villeroy: We are close to the peak of interest rates

<ul><li>Once we hit the peak, we will need to stay at that level for a while</li><li>We are starting to have good news on inflation</li><li>Inflation will continue to decline and will be back at 2% by 2025</li></ul><p>We've heard this all before. In other words, they are still leaving the door open for that September rate hike. The July decision is all but certain, but any rate hikes beyond that are not a given at this point.</p>

This article was written by Justin Low at www.forexlive.com.