ECB’s Simkus Sees No More Cuts on Economy’s Surprise Strength
European Central Bank Governing Council member Gediminas Simkus said interest rates don’t need to be lowered further after economic activity and inflation both turned out stronger than expected.
By Milda Seputyte, Alexander Weber, Mark Schroers · Bloomberg Markets
European Central Bank Governing Council member Gediminas Simkus said interest rates don’t need to be lowered further after economic activity and inflation both turned out stronger than expected.