ECB’s Šimkus: No reason to adjust rates now

Forex Short News
  • But it is more true than not that another rate cut is coming
  • Some risks to the economy are materialising

The mix of comments lean a bit more dovishly but the headline remark reaffirms that they are not in a hurry to make any adjustments yet. The summer is over, so expect to hear more from ECB policymakers in the coming days before their upcoming policy decision on 11 September.

This article was written by Justin Low at investinglive.com.