ECB’s Simkus said he wouldn’t be surprised in the Bank hiked rates again in September

Chairman of the Central Bank of Lithuania & Member of the ECB Governing Council Gediminas Simkus spoke with MNI (gated), his pertinent remarks conveyed via Reuters:

  • “We need to provide very credible monetary policy to make sure that we fulfil our mandate… our 2% inflation target,”
  • “Having said all this, I would not be surprised (by a rate) hike in September.”

While a July rate hike (the European Central Bank meet on July 27) appears locked in, ECB policymakers have been coy on the September outlook.


Earlier catch ups with the ECB talking heads on Tuesday:

This article was written by Eamonn Sheridan at Source