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ECB'S VILLEROY: SEVERAL REASONS WHY WE SHOULD NOT WAIT TOO LONG BEFORE FIRST RATE CUT

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European Central Bank (ECB) Governing Council member and Bank of France President, Francois Villeroy de Galhau, said on Friday that there are “several reasons as to why we should not wait too long before first rate cut.”

Additional quotes
There is still the question of the exact timing for the rate cut.

The principle of a rate cut this year seems to be a given.

We have significant margin to maneuver on rate cuts without necessarily having to return to accommodative monetary policy

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