ECB’s Kazaks: June rate cut likely, future moves data dependent

ECB Governing Council member Martins Kazaks indicated in a Bloomberg Adria interview that the central bank is nearing its 2% inflation target, paving the way for interest rate cuts. However, he emphasized that any reduction in rates should be “cautious” and “gradual,” and that the process should not be rushed. “From today’s perspective, it’s quite […]

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