ECB’s Kazāks: Central bank is well placed to act if needed to get inflation to 2%
European Central Bank (ECB) Governing Council member Mārtiņš Kazāks said during the European trading session on Friday that the central bank won’t hesitate to act if needed to bring Eurozone inflationary pressures down to the 2% target.
Additional remarks
We'll decide in September based on data.
There are pros and cons to hiking further.
Forward guidance is counterproductive amid uncertainty.
We see wage growth gradually slowing.
Inflation expectations are still anchored near target.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar: Limited upside as fiscal plans questioned – MUFG
AIAI Holdings director Remy Donald Michael buys USD 4,809 of Class A common shares
XRP Millionaires Grab Over 300M As Price Goes Bonkers
Crypto prices
More
