Chairman of the Central Bank of Lithuania & Member of the ECB Governing Council Gediminas Simkus spoke with MNI (gated), his pertinent remarks conveyed via Reuters:

  • "We need to provide very credible monetary policy to make sure that we fulfil our mandate... our 2% inflation target,"
  • "Having said all this, I would not be surprised (by a rate) hike in September."

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While a July rate hike (the European Central Bank meet on July 27) appears locked in, ECB policymakers have been coy on the September outlook.

Simkus ecb 31 May 2023

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Earlier catch ups with the ECB talking heads on Tuesday: