{"id":72158,"date":"2022-09-14T20:15:25","date_gmt":"2022-09-14T16:15:25","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=72158"},"modified":"2022-09-14T21:01:19","modified_gmt":"2022-09-14T17:01:19","slug":"ecbs-villeroy-expects-reaching-neutral-rate-by-end-of-2022","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ecbs-villeroy-expects-reaching-neutral-rate-by-end-of-2022\/09\/14\/market-updates\/","title":{"rendered":"ECB&#8217;s Villeroy expects reaching neutral rate by end of 2022"},"content":{"rendered":"\n<p>European Central Bank\u2019s policymaker Francois Villeroy de Galhau said on Wednesday that he estimates the euro area neutral rate at below or close to 2% and added that they could reach it by the end of the year.<br><br>&#8220;Monetary normalization is fully warranted in the euro area, too early to say what the final interest rates will be, he said adding that &#8220;Until we reach neutral rate, we definitely have to act, in a determined but orderly way.&#8221;<br><br>de Galhau  noted that only beyond the neutral rate would tightening begin if needed. He stressed that not having a forward guidance does not mean, cannot mean, not having a narrative and a monetary strategy.&#8221;<br><br>The EUR\/USD pair showed no immediate reaction to these comments and was last seen trading at 1.0002, where it was up 0.32% on a daily basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Central Bank\u2019s policymaker Francois Villeroy de Galhau said on Wednesday that he estimates the euro area neutral rate at below or close to 2% and added that they could reach it by the end of the year.&#8220;Monetary normalization is fully warranted in the euro area, too early to say what the final interest rates &hellip;<\/p>\n","protected":false},"author":13,"featured_media":71073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6923,6928,6837,8561,8143],"class_list":["post-72158","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-ecb","tag-euro","tag-eurozone","tag-francois-villeroy-de-galhau","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=72158"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72158\/revisions"}],"predecessor-version":[{"id":72162,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/72158\/revisions\/72162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71073"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=72158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=72158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=72158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}