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ECB’s Šimkus: Inflation risks are balanced for next year

December 19, 2024 at 08:50AM

Inflation risks may shift to the downside in 2026

But easing direction for monetary policy is clear

The economic environment will determine the terminal rate

It is best to keep a consistent pace towards the neutral rate

Once again, it just echoes similar remarks from his peers since last week. That being they are still on the path to keep cutting rates by 25 bps at the subsequent meetings.

This article was written by Justin Low at www.forexlive.com.

ECB’s Šimkus: Inflation risks are balanced for next year