✉news BusinessBanking first seen 5 d ago, last 4 d ago, peak #20
ECB's Simkus Says Inflation Pressures Point to More Tightening
Original: ECB’s Simkus Says Inflation Pressures Point to More Tightening
European Central Bank governing council member Gediminas Simkus said inflation pressures in the euro area warrant further monetary tightening, signalling support for additional interest rate hikes. His comments add to the debate among policymakers over how far the ECB still needs to go to bring inflation back to its 2% target, with investors watching closely for guidance on the size and timing of the next move.
Why now: Markets and businesses are watching ECB officials' signals on further rate hikes amid persistent eurozone inflation.
Gediminas SimkusEuropean Central Bankeurozone
Evidence
- ECB’s Simkus Says Inflation Pressures Point to More Tightening · Bloomberg.com
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