ECB's Simkus: Terminal rate hasn't been reached yet

Market news

17 March 2023

ECB's Simkus: Terminal rate hasn't been reached yet

European Central Bank (ECB) Governing Council Gediminas Šimkus said on Friday, “the terminal rate hasn't been reached yet.”

“I still believe that yesterday was not the last rate hike,” he added.

Additional quotes

The February core inflation dynamics are worrying.

Wage pressures are gaining more strength on core prices.

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