> ECB's Villeroy: There is a risk of undershooting 2% target, especially if growth weak

ECB's Villeroy: There is a risk of undershooting 2% target, especially if growth weak

Comments from Villeroy

Tuesday, 22/10/2024 | 17:42 GMT

Inflation could be at target in early 2025
The ECB is not behind the curve but risk of cutting rates too late is bigger than cutting too early
No reason for rates to stay restrictive in 2025

Lagarde was a bit more dovish today and these comments are as well. I don't think that puts 50 bps on the table yet but the Dec 12 meeting is a ways away.