RSS ECB's Šimkus: Inflation risks are balanced for next year

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 RSS ECB's Šimkus: Inflation risks are balanced for next year

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  • Inflation risks may shift to the downside in 2026
  • But easing direction for monetary policy is clear
  • The economic environment will determine the terminal rate
  • It is best to keep a consistent pace towards the neutral rate

Once again, it just echoes similar remarks from his peers since last week. That being they are still on the path to keep cutting rates by 25 bps at the subsequent meetings.

This article was written by Justin Low at www.forexlive.com.
 
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