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ECB’s Villeroy: It makes sense for interest rates to reach 2% by the summer.

Speaking in a scheduled appearance on Wednesday, European Central Bank (ECB) policymaker Francois Villeroy de Galhau noted: “It makes sense for interest rates to reach 2% by the summer.”

Additional comments

We have practically won the battle against inflation.

It makes sense for interest rates to reach 2% by the summer.

Risks to French growth forecast (0.9% for 2025) are to the downside.

But we do not see a recession happening.

 

Silver Price Forecast: XAG/USD retakes $30.00 mark; setup warrants caution for bulls

Silver (XAG/USD) attracts some buyers for the second straight day and climbs back above the $30.00 psychological mark during the first half of the European session on Wednesday.
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WTI edges lower to near $76.50 despite tighter supply concerns, declining US stockpiles

West Texas Intermediate (WTI) Oil price remains in the negative territory for the second successive day, trading around $76.60 per barrel during the European session on Wednesday.
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