[HIGHLIGHTS] ECB: it is “very likely” that rates will fall “in the spring”, estimates the governor of the Bank of France

ECB: it is “very likely” that rates will fall “in the spring”, estimates the governor of the Bank of France. François Villeroy de Galhau is nevertheless cautious, specifying “that in Europe as elsewhere, spring is a season which goes from April to June 21”.

More information to come…. François Villeroy de Galhau: “It seems very likely to me that there will be a first rate cut in the spring.”