Free Trial
US DATA

New Home Sales Continue Broad Stabilisation

STIR

SOFR Put Volumes Pick Up

CROSS ASSET

MONTH END (updated)

CORN TECHS

(H3) Remains Below Its Recent Highs

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI INTERVIEW: ECB's Simkus Open To December 50bp Hike

(MNI) LONDON
Vienna

Lithuania central bank governor says case for 75bps hike next month not yet clear.

The European Central Bank could get away with hiking by 50 basis points at its Dec 15 meeting, though more evidence of high inflation could call for 75 basis points, Bank of Lithuania president Gediminas Simkus told MNI.

“We definitely need a 50bps hike, but do we need 75bps? At the moment it would be premature to make that judgment,” Simkus said in an interview on the sidelines of an Austrian National Bank conference in Vienna.

Keep reading...Show less
520 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The European Central Bank could get away with hiking by 50 basis points at its Dec 15 meeting, though more evidence of high inflation could call for 75 basis points, Bank of Lithuania president Gediminas Simkus told MNI.

“We definitely need a 50bps hike, but do we need 75bps? At the moment it would be premature to make that judgment,” Simkus said in an interview on the sidelines of an Austrian National Bank conference in Vienna.

Keep reading...Show less