European Central Bank Governing Council Simkus: The possibility of interest rate cuts in October is very small. We won't have much new data in October.
European Central Bank Governing Council member Simkus said the possibility of a rate cut in October is very small. We won't have much new data in October.
European Central Bank Governing Council Simkus: The possibility of interest rate cuts in October is rather small, and the reasons for interest rate cuts in September are very strong.
European Central Bank Governing Council member Simkus said that the possibility of a rate cut in October is quite small, but there are many convincing reasons to support the ECB's September rate cut; there is a very clear trend of falling inflation; economic growth is structurally weak; economic risks are skewed to the downside.
European Central Bank Governing Council Simkus: If the benchmark situation can be sustained, further interest rate cuts are possible. The focus will be on interest rates in September and the following months.
European Central Bank Governing Council Simkus: It is too early to declare a victory over inflation.
European Central Bank Governing Council Simkus: If the ECB is confident that the 2% target can be achieved, interest rates can be further reduced.
European Central Bank Governing Council Simkus: There may be three or four interest rate cuts this year.
European Central Bank Governing Council Simkus: The most likely scenario is that we will make multiple interest rate cuts, but we don't have to be so precise, and we are not in a hurry to act.