ECB policymaker Villeroy: Potential rate hikes will be decided meeting by meeting
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ECB policymaker Villeroy stated that potential rate hikes will be decided on a meeting-by-meeting basis, emphasizing the need to stabilize inflation at the 2% target. While a rate hike seems more likely than a cut, he acknowledged that the latter isn't off the table. The euro has seen minimal movement following these comments, with current odds for a 25 bps rate hike in April at approximately 58%, increasing to 88% for June.
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