European Central Bank policymaker Francois Villeroy de Galhau has thrown down the gauntlet to his colleagues on the Governing Council, raising the prospect of loosening monetary policy at any of their next meetings. Speaking in an interview with La Tribune Dimanche, the French central banker said that there will be interest-rate cuts this year. “Regarding the exact date, not one is excluded, and everything will be open at our next meetings,” he said. The comments highlight emerging divisions among officials just days after President Christine Lagarde said there was consensus at last week’s Governing Council meeting ... (full story)