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ECB’s Šimkus: Interest rates are now at neutral

Summary by FXStreet
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday that “we have won battle against inflation in Europe.”
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ECB’s Šimkus: Interest rates are now at neutral

European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday that “we have won battle against inflation in Europe.”

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vz.ltvz.lt

G. ŠImkus: the Unpleasant Period of High Inflation Is over, the ECB Interest Rate Has Become "Neutral" - Verslo žInios

Gediminas Šimkus, Governor of the Bank of Lithuania and member of the Governing Council of the European Central Bank, says that the ECB interest rate, cut to 2% yesterday, is now at a "neutral level" - neither stimulating nor hindering the eurozone economy.

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vz.lt broke the news in on Friday, June 6, 2025.
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