ECB Should Keep Consistent Pace of Rate Cuts, Simkus Says

The European Central Bank should keep lowering borrowing costs at the current pace as inflation is increasingly under control, according to Governing Council member Gediminas Simkus.

The downward direction for monetary policy is clear, the Lithuanian official said Thursday. While price risks for 2025 look balanced, there could be downside dangers ahead in 2026, he warned.