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ECBs Simkus: I am far less optimistic than market on rate cuts

ECBs Simkus: I am far less optimistic than market on rate cuts

Central Banks
Greg Michalowski
16/01/2024 | 17:22 GMT
  • The ECB officials have pushed back against cuts soon

ECBs Simkus is joining the list of officials who are pushing back against an early cut from the central bank. He says:

  • I am far less optimistic than markets on rate cuts
  • Cuts may begin around the summer
  • Wage data is going to be very important

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