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ECB's Simkus: Rate hike in March may not be last:
ECB's Simkus: Rate hike in March may not be last:
European Central Bank Governing Council member Gediminas Simkus said on Friday that the interest rate hike in March may not turn out to be the lastSpeaking to local reporters after an event in Vilnius, the Bank of Lithuania Board chairman all but dismissed the possibility of a 0.75 percentage point rate hike, with 25 or 50 basis points as the main options at the ECB's next monetary policy meeting on March 16 in Frankfurt.