European Central Bank's Villeroy Hints at Likely Rate Cut Next Week

In a significant development for the European financial landscape, François Villeroy de Galhau, the Governor of the Bank of France and a member of the European Central Bank's (ECB) governing council, indicated that a rate cut from the ECB next week appears highly probable. This statement is poised to influence not only monetary policy but also the broader economic environment across the Eurozone.

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