Exclusive: ECB’s Šimkus Backs June Hike, Sees Second Rate Move as “More Likely Than Not”
By David Barwick – VILNIUS (Econostream) – A 25bp June interest rate hike by the European Central Bank would be prudent and a second tightening move thereafter is more likely than not, according to ECB Governing Council member Gediminas Šimkus, who said that policymakers should gather additional evidence after June rather than feel compelled to tighten again immediately.
29 May 2026 Central Bank News