European Central Bank will act to control inflation, Villeroy says
The European Central Bank (ECB) is signaling potential rate hikes to combat rising inflation, which has increased to 2.7%. François Villeroy de Galhau, a key ECB member, emphasized the need for more data before making any decisions. The ECB's current interest rate remains at 2%, and future actions will depend on economic indicators.
- ▪Euro-area inflation expectations have jumped to 2.7% from 1.8%.
- ▪Villeroy stated that the ECB will act to bring inflation back to its 2% target.
- ▪Rising energy prices, influenced by conflicts in the Middle East, are driving the inflation surge.
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European Central Bank will act to control inflation, Villeroy says ECB Governing Council member signals potential rate hikes as euro-area inflation expectations jump to 2.7% from 1.8%, marking a sharp pivot from the bank's easing cycle. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); François Villeroy de Galhau, Governor of the Bank of France and a key voice on the European Central…
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