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ECB Still More Likely to Hike Than Hold, Simkus Says

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2026-07-24 10:07:28
European Central Bank Governing Council member Gediminas Simkus said the ECB is still more likely to raise borrowing costs than keep them unchanged, according to Bloomberg.

His comments suggest policymakers have not ruled out another rate increase even as they weigh the outlook for inflation and growth.
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