"Global Leaders Debate High Interest Rates at Davos"

Political and business leaders gather at the World Economic Forum in Davos, Switzerland to discuss the impact of high interest rates and the potential for a "new normal." Discussions include the European Central Bank's stance on interest rate cuts, with French central bank chief François Villeroy de Galhau emphasizing a data-driven approach, and ECB member Mario Centeno highlighting positive inflation progress in the euro zone. The panel also explores whether high interest rates will become the "new normal" and their implications for markets.