 ECB Governing Council member Gediminas Simkus said yesterday, core inflation remains strong and demonstrates that the fight against inflation is not over. Theres a strong case for staying on the course thats been set for the coming meetings of 50 basis-point increases. In my opinion, these 50 basis-point increases must be taken unequivocally, he added. ... The post ECB Simkus backs hikes of 50bps in the coming meetings appeared first on Action Forex... 