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ICYMI - ECB's Simkus says Bank should continue with +50bp interest rate hikes

ICYMI - ECB's Simkus says Bank should continue with +50bp interest rate hikes

European Central Bank Governing Council member Gediminas Simkus is Lithuania's central bank governor.

He spoke in an interview in Vilnius.

  • “Core inflation remains strong and demonstrates that the fight against inflation is not over”
  • “There’s a strong case for staying on the course that’s been set for the coming meetings of 50 basis-point increases. In my opinion, these 50 basis-point increases must be taken unequivocally.”
  • “Pressures in wage growth are increas... Read More
Posted: Jan 24 2023, 22:31
Author Name: forexlive
Views: 101843

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