✉news BusinessBanking first seen 10 h ago, last 7 h ago, peak #25
ECB's Kazaks Signals More Rate Hikes May Be Needed
Original: ECB’s Kazaks Says More Tightening May Be Needed: Econostream
European Central Bank governing council member Martins Kazaks said further monetary tightening may still be required to bring inflation back to target, according to Econostream comments carried by Bloomberg. The Latvian central bank governor's remarks keep alive the debate over whether the ECB will raise rates again, as policymakers weigh persistent price pressures against signs of slowing eurozone growth.
Why now: Markets are watching ECB officials closely for signals on whether the rate-hiking cycle is over.
Martins KazaksEuropean Central Bankeurozone
Evidence
- ECB’s Kazaks Says More Tightening May Be Needed: Econostream · Bloomberg.com
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