- Inflation and growth risks are more tilted to the downside
- More euro appreciation is possible
- 2028 price forecast is important for the next ECB move
Simkus has been a dovish member for some time and he’s not deviating from that stance here. In any case, the vast majority of the governing council doesn’t see the need for another cut.
This article was written by Giuseppe Dellamotta at investinglive.com.