ECB’s Simkus: Should not rule out the option of a September rate hike

  • We are not done with hiking rates
  • Too early to say whether there will be a rate hike in September
  • Must keep rates restrictive to reach 2% inflation target

As mentioned earlier, they are not going to relent on the hawkish rhetoric until after we get to July. By then, we’ll get another round of inflation and economic data so we’ll see where we go from there.

This article was written by Justin Low at Source