ECB’s Simkus and Rehn warn of growth risks

Comments from ECB Governing Council members today reinforced expectations for a rate cut in June, while also highlighting growing concern over the deteriorating macro environment. Lithuania’s Gediminas Šimkus acknowledged that geopolitical developments since the start of the year have been negative for the economy, adding that inflation is now under “downward pressure”. He noted that […]

The post ECB’s Simkus and Rehn warn of growth risks appeared first on Action Forex.