Global EconomyIMPORTANTSeptember 1 at 09:05 AM

ECB's Simkus says a hike in September is "not going to be enough", Econostream reports. 50bps hike is not needed.

StockNow breaking-news AI analysis

ECB's Simkus indicated a September rate hike will not be enough, though a 50bps increase is unneeded, while projecting a slightly higher path for interest rates.

News detail

Not "particularly" worried about the increase in long-term bond yields. Expect the updated projections to show the interest rate path to move up a bit.

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