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ECB's Šimkus says expects a 25 bps rate hike in June and July

ECB's Šimkus says expects a 25 bps rate hike in June and July

Central Banks
By Justin Low
30/05/2023 | 09:49 GMT
  • Remarks by ECB policymaker, Gediminas Šimkus

Well, the situation is still highly fluid but it is possible to see two more rate hikes before pausing by the ECB. Markets are seeing a peak in rates at about 3.68% now, which is somewhat consistent of two additional rate hikes at least.

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