ECB’s Simkus: Energy Prices Must Be Watched Ahead of October Meeting

Simkus's remark signals that energy prices remain a live input into the ECB's October deliberation, even without any hint of the direction policy might take. For markets, the notable element is the framing itself: an ECB official publicly flagging an external price driver as something to watch keeps the door open to a data-dependent stance rather than a settled one. Whether other Governing Council members echo this emphasis, and whether energy moves enough to shift the October discussion, is the open question.