Several of us underlined downside inflation risksUpward risks to inflation are lower than downward
Villeroy has been one of the most dovish members and he’s not deviating from his usual stance here. As the ECB sources mentioned, if there’s any chance for a rate cut, then it will be discussed in December. But as things stand, it’s very unlikely that economic conditions will warrant another rate cut.
This article was written by Giuseppe Dellamotta at investinglive.com.