{
Gediminas Simkus

People

}
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001122334455554433221100

ecb official downplays half-point rate cut focus on overall direction

European Central Bank Governing Council member Gediminas Simkus emphasized that the focus should not be solely on the potential size of an interest-rate cut in December, but rather on the overall direction of borrowing costs. While market speculation includes a possible half-point reduction, Simkus stated he cannot currently justify such a significant move.
Bloomberg.com
Euro European Central Bank Legal Entity of Public Law LTU Gediminas Simkus
Finance & Economy, Market Report
10:17 25.10.2024
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