ECB's Šimkus: No reason to adjust rates now

  • Remarks by ECB policymaker, Gediminas Šimkus
ECB IL
  • But it is more true than not that another rate cut is coming
  • Some risks to the economy are materialising

The mix of comments lean a bit more dovishly but the headline remark reaffirms that they are not in a hurry to make any adjustments yet. The summer is over, so expect to hear more from ECB policymakers in the coming days before their upcoming policy decision on 11 September.

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