Insuring Against a Hard Landing: Insights from Villeroy on Central Bank Strategies
Insuring Against a Hard Landing: Insights from Villeroy on Central Bank Strategies Introduction In a recent statement, Villeroy highlighted the importance of taking precautions against a hard landing scenario by initiating rate cuts. According to Villeroy, the timing of the first rate cut, whether in April or June, is not crucial. What is essential is…