ECB's Simkus sees equal chance of rate hike or cut

VILNIUS, Feb ⁠9 (Reuters) - ⁠The ‍European Central Bank is equally ‍likely to raise or ​cut interest rates ​but it is hard to know when any such move ​will take place given the ​prevailing uncertainty about trade and geopolitics, ‌ECB policymaker Gediminas Šimkus said on Monday.

"The ​probabilities that ⁠the next rate decision would ‌be a hike or a lowering are ‌the same - it's 50/50," ‌the Lithuanian governor told reporters. "But no-one knows when that ‍decision comes."

(Reporting by Andrius Sytas; ⁠Writing by Balazs Koranyi and Francesco Canepa in Frankfurt; Editing by Toby Chopra)

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