Member of the European Central Bank (ECB) Governing Council and Bank of Lithuania Governor Gediminas Simkus (pictured) told EconoStream in an interview posted on Thursday that he doesn't see "any good reason" for interest rates not to be lowered further in March."Overall, the direction of...
Member of the European Central Bank (ECB) Governing Council and Bank of Lithuania Governor Gediminas Simkus (pictured) stated on Friday that he does not see there is evidence to support the former institution's next reduction of its interest rates should be a 50 basis point (bps) one.Speaking to...
Member of the European Central Bank (ECB) Governing Council Gediminas Simkus said on Monday that he does not see the need for interest rate cuts bigger than 25 basis points (bps). The ECB delivered 25-point cuts both in September and October. While he said he cannot predict the outcome of the...
Member of the European Central Bank (ECB) Governing Council and Bank of Lithuania Board Chairman Gediminas Simkus (pictured) said on Friday he agreed with the idea of having two more cuts in the former institution's interest rates this year as markets predict.Speaking at his official press...
Member of the European Central Bank (ECB) Governing Council and Bank of Lithuania Board Chairman Gediminas Simkus (pictured) stated that the anticipated interest rate cut in June is likely just the beginning of a series.
"My thinking is that there are some other interest rate cuts coming in the...
European Central Bank policymakers continued on Friday to hint that the ECB could soon be going ahead with an interest rate cut.
European Central Bank (ECB) Governing Council member Madis Muller shared in a blogpost that it is "likely interest rates will fall in the future," adding however, that...
Member of the European Central Bank (ECB) Governing Council and Bank of Lithuania Board Chairman Gediminas Simkus stated in an interview with Econostream published on Wednesday that he does not consider starting the discussion about cutting interest rates in March too early.
"I'm definitely...
Member of the European Central Bank (ECB) Governing Council and Bank of Lithuania Board Chairman Gediminas Simkus (pictured) expressed hopes on Friday that this was the bank's last interest rate hike.
Discussing the ECB's latest monetary policy decision on the LRT radio, he echoed the...
Member of the European Central Bank (ECB) Governing Council and Bank of Lithuania Board Chairman Gediminas Simkus (pictured) remarked on Tuesday that he would not be surprised if the former institution decides to introduce another raise in interest rates in September.
Speaking during an...
European Central Bank Governing Council member Gediminas Simkus (pictured) told reporters on Friday that ECB must raise its interest rates further at the July meeting.
Simkus commented that although the bank is "closer to the end of the tightening cycle," it is too early to guess when this process will...
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