[ECB Governing Council Member Villeroy: It Is Still Too Early to Bet on the Timing of Rate Hikes] Jin10 News, March 30 – According to Italy's *La Repubblica*, ECB Governing Council member and Governor of the Bank of France, François Villeroy de Galhau, stated in an interview that the European Central Bank is prepared to take action to curb inflation expectations; however, it is still too early to bet on the timing of rate hikes. Villeroy pointed out that the Iran war could trigger negative supply shocks, drag down economic growth, and accelerate the rise in consumer prices. He emphasized that recent conflict-related news "has not sent positive signals." In an exclusive interview published on Monday, he said: "The European Central Bank cannot control oil prices, but it has the responsibility and the ability to anchor households' and businesses' inflation expectations to our 2% medium-term inflation target. If necessary, we are ready to take action in this direction."