2024-10-25
Interviu su Gediminu Šimkumi, Lietuvos banko valdybos pirmininku, parengė Markas Schroersas ir Jana Randow. Interviu paskelbtas 2024 m. spalio 25 d.
European Central Bank Governing Council member Gediminas Šimkus said people shouldn’t obsess over the size of a probable interest-rate cut in December, since the question of where borrowing costs will end up is more important.
With money-market bets fluctuating on a possible half-point reduction at the final decision of the year, the Lithuanian central-bank chief said he couldn’t justify such a big move at present, but it’s the direction of travel that is key anyway.
“As I read data, I don’t see a case for 50 basis-point cuts,” he said in an interview at the International Monetary Fund meetings in Washington. “What matters more than a single cut is where we’re going to.”