European Central Bank (ECB) policymaker, Gediminas Šimkus, crossed the wires during the early European session on Wednesday, saying there's still enough upside risk for inflation to justify additional policy tightening. Simkus expects the ECB to deliver at least one more rate hike to make sure inflation expectations remain in check. He stressed that capping inflation expectations remains central to the ECB’s goal to keep inflation around target over the medium term. [...]