European Central Bank policymaker Gediminas Simkus says ECB officials are likely to raise interest rates at least one more time. In the view cited by both outlets, Simkus indicates that borrowing costs have not yet reached the peak and that further tightening is possible during upcoming policy decisions. The assessment reflects a perspective within the ECB’s governing council that additional rate increases may be needed to keep policy aligned with the central bank’s objectives.
Both sources describe the same core message: Simkus expects at least one additional interest-rate increase. They do not provide detailed timing for the next move, nor do they cite alternative forecasts or disagreements from other officials in the reports summarized. The coverage therefore focuses on Simkus’s outlook rather than a consensus decision by the full ECB. Overall, the reporting signals continued expectations of further rate tightening, contingent on the ECB’s future deliberations and incoming economic and inflation data.
