ECB’s Villeroy: Barring Major Surprise We Should Cut Rates in Next Meeting

post: ECB'S KNOT: I AM INCREASINGLY CONFIDENT ABOUT THE DISINFLATION PROCESS. post: ECB'S KNOT: I AM NOT UNCOMFORTABLE WITH MARKET PRICING OF RATE CUTS.

post: ECB'S SIMKUS: I SEE ABOUT THREE RATE CUTS THIS YEAR IN MY BASELINE.

Good morning, it is really a pleasure to join you by video. I would like to thank Supervision at the New York Fed for inviting me to join you at this year's Regional and Community Banking Conference. These forums enable us to continue our engagement with bankers in the industry to address a variety of issues and challenges that exist in the current banking environment. Some of the topics that will be covered today include contingency funding, operational readiness, market uncertainties, and banking innovations. I appreciate that you have joined us to discuss these and several other topics on our agenda. Before we get started, I would like to highlight a few areas of concern and identify some changed supervisory expectations that may provide a useful backdrop for the discussions. post: FED'S BOWMAN DOESN'T COMMENT ON MONETARY POLICY IN TEXT.