ECB’s Villeroy: Likely to continue to cut rates

European Central Bank (ECB) Governing Council member and Bank of France President, François Villeroy de Galhau, commented on the interest rate outlook on Wednesday.

Villeroy said that the “ECB is likely to continue to cut rates.”

Sep 18, 2024

EUR/GBP holds below 0.8450 as UK CPI inflation steadies at 2.2% YoY in August

The EUR/GBP cross loses its recovery momentum near 0.8445 during the early European session on Wednesday.

Pound Sterling jumps as UK service inflation accelerates to 5.6%

The Pound Sterling (GBP) gains against its major peers in Wednesday’s London session as the United Kingdom (UK) inflation data for August came in hotter than expected.