ECB's Simkus said he wouldn't be surprised in the Bank hiked rates again in SeptemberChairman 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."
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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.
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Earlier catch ups with the ECB talking heads on Tuesday:
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: ECB's Simkus said he wouldn't be surprised in the Bank hiked rates again in September (https://www.forexlive.com/centralbank/ecbs-simkus-said-he-wouldnt-be-surprised-in-the-bank-hiked-rates-again-in-september-20230620/)
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