ECB's Villeroy says rate hikes will be decided meeting by meeting and are totally determined to bring inflation back to 2%

Villeroy's remarks suggest the ECB's approach to rate hikes will be adaptive and data-driven, indicating flexibility in response to evolving economic conditions. This commitment to prioritizing a return to the inflation target may imply a more hawkish tone than previously expected, potentially influencing EUR strength and impacting fixed income markets as traders price in future rate paths.