ECB to Keep Interest Rates Steady, Says Bank of France Chief

Bank of France head, Francois Villeroy de Galhau, expects the European Central Bank to keep interest rates unchanged. During an interview, he emphasized maintaining current rates as a wise decision. This outlook suggests a stable monetary policy approach amid economic uncertainties.

In a recent statement, the Governor of the Bank of France, Francois Villeroy de Galhau, expressed his expectation that the European Central Bank (ECB) will hold interest rates steady.

Speaking during an interview with CNews TV and Europe 1 radio, Villeroy emphasized that maintaining the current rate levels would be a prudent measure amid ongoing economic challenges.

The comments from Villeroy highlight a cautious yet stable approach in monetary policy from the ECB, reflecting a focus on sustaining economic balance.

(With inputs from agencies.)