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

Newsquawk StaffPublished 20 Mar 2026, 08:11 UTC

Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

07:58

Russia is to limit major foreign container shipping companies from routes involving Russian ports unless they meet strict domestic control requirements

07:57

Spain is to reduce VAT on fuel from 21% to 10% to mitigate the impact of the Iran war, Ser Radio reports

07:51

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

07:48

Iran announces the death of IRGC spokesperson Narini

07:35

ECB's Villeroy says ECB will remain vigilant and has the ability to act as needed

On the Newsquawk feed at 07:51, 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Context

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.

Newsquawk Daily

Get both market opens in your inbox.

FX · last 90 days

Recent headlines that moved markets

FX/14 Oct · 12:30 UTC

US Core CPI (Sep MM) 0.3% vs. Exp. 0.2% (Prev. 0.3%).

- USD/JPY, after we published+0.3%

FX/8 Oct · 08:30 UTC

Fed’s Waller (voter) says more rate hikes are likely needed to tame inflation, but there is flexibility over the pace and hikes do not need to be consecutive.

DXY, after we published+0.1%

FX/5 Oct · 11:16 UTC

Japan's GPIF didn't discuss allocation at its September meeting, Bloomberg reports.

Market, after we published+0.1%

FX/29 Sept · 18:00 UTC

Fed's Williams (voter) says sees no need for urgency after Sept rate hike.

- DXY, after we published−0.2%

FX/29 Sept · 05:32 UTC

[PRESS CONFERENCE] RBA Governor Bullock says inflationary pressures to last longer than expected; inflation is driven by domestic capacity pressures; Board will raise rates again if needed.

AUD/USD, after we published−0.6%

FX/28 Sept · 07:56 UTC

Japanese FX Official Mimura says they are closely watching to see if markets take the clear message they are giving at face value. Not satisfied with or reassured by recent JPY action.

Following the commentary USD/JPY, after we published−0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

Free.

No signup, no card.

Use the Platform

Related headlines

The feed had this first.

Use the Platform