European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that he thought ECB rate hikes would soon reach their conclusion. In an interview with French radio network France info, Villeroy, who heads the Banque de France, said that ‘personally, I think we are not very far from the finish line’ of the ECB’s monetary tightening. The ECB ‘must not let the disease [of inflation] settle’ and was therefore using the ‘remedy’ of interest rates to fight rising prices, he said. The central bank was ‘not very far from the high point of interest rates’, he noted, ‘but then, once we reach that h ... (full story)