LB guide: ECB interest rates may be increased by 25 basis points

LB guide: ECB interest rates may be increased by 25 basis points

„I think there is no need to surprise the markets and not make decisions (regarding interest rate hikes – BNS). In my opinion, we have a formed interest rate increase of 25 basis points,“ G. Šimkus said at a press conference on Tuesday.

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According to him, it is important to respond “timely” to the emerging inflationary environment, to prevent the acceleration of price jumps: “Because initially it should have as little impact on the economy as possible.”

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