Simkas, ECB Member: Recent Data Raises Possibility of Further Monetary Policy Tightening
Simkas, ECB Member: Recent Data Raises Possibility of Further Monetary Policy Tightening Simkas, an official at the European Central Bank (ECB), said recent data suggests further tightening of monetary policy may be necessary. Simkas also said discussing minimum reserve requirements is acceptable, but no clear second-round effects are yet visible. Simkas attributed the rise in French bond yields to economic developments and said...
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Simkas, from the European Central Bank (ECB), said recent data suggested further tightening of monetary policy may be needed. He also said that there is nothing wrong with discussing the requirement of minimum reserves, but the effects of the second round are still not visible.
Simcas attributed the rise in French bond yields to economic developments and said the European Central Bank currently has no role in France.