ECB shouldn’t slow hikes as wage pressures grow, says Simkus

There are no grounds to depart from the rate path laid out by the ECB in December — even as energy prices plunge and headline inflation comes off record highs, the Lithuanian central bank chief said in an interview in Vilnius. Monetary tightening may not finish before the summer, he said.

from Stocks-Markets-Economic Times https://ift.tt/s1IOAaR