ECB's Kazimir: One More Rate Hike Needed
ECB Governing Council member Peter Kazimir indicated that the central bank still needs to raise interest rates at least once to tame inflation.
EURUSD
Peter Kazimir, a member of the European Central Bank’s Governing Council and governor of Slovakia’s central bank, said in recent remarks that at least one additional interest rate increase is necessary.
His comments signal a continued hawkish stance within the ECB as policymakers seek to bring inflation back to the 2% target.
The statement comes ahead of the ECB’s upcoming policy meeting, where markets will watch for further clues on the rate path.
Source: FXStreet Forex News