ECB’s Simkus signals uncertainty on timing of second rate hike
Gediminas Simkus of the ECB has expressed uncertainty regarding the timing of a second rate hike. His comments reflect the broader confusion surrounding Europe's monetary policy amid rising inflation risks. While markets anticipate potential rate increases, Simkus's latest statements suggest that clarity on the timing remains elusive.
- ▪Simkus previously indicated a 50/50 chance of a rate hike or cut due to geopolitical uncertainty.
- ▪He later acknowledged a possible rate hike but cautioned against acting too quickly.
- ▪Currently, markets are pricing in two quarter-point hikes for 2026, with the first possibly in June.
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ECB’s Simkus signals uncertainty on timing of second rate hike The ECB Governing Council member's shifting stance reflects broader confusion about Europe's monetary policy path as inflation risks mount. Share Add us on Google by Editorial Team May. 29, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Gediminas Simkus, a member of the European Central Bank’s Governing Council and Governor of the Bank of Lithuania, has injected a…
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