ECB is ‘very likely’ to reduce interest rates, Villeroy says

PARIS (Reuters) – The European Central Bank (ECB) is very likely to reduce its interest rates next week, policymaker Francois Villeroy de Galhau said on Wednesday.

Villeroy, who is also the head of the French central bank, has said the ECB would likely cut interest rates later this month due to weak economic growth.

(Reporting by Dominique Vidalon; Writing by Makini Brice; Editing by Benoit Van Overstraeten)