VOT Research Desk
Francois Villeroy de Galhau, the governor of the French central bank and a member of the Governing Council of the European Central Bank (ECB), spoke on Friday on interest rates and the prospects for the economy.
The ECB does not intend to start a recession. Should prevent an economic “hard landing.
It is too early to discuss the terminal rate. The number of rate increases should not be predicted.
