ICYMI – ECB’s Kazaks says Bank will act if inflation outlook picks up

Was speaking in an interview and his comments picked up Wednesday by wires:

  • “Don’t be misguided that we won’t raise rates, or that we won’t cut the support if necessary,”

  • “Of course we’ll do our job.”
  • On needing to be adaptable: “flexibility is the name of the game.”

Currently the ECB sees CPI growth slipping below its 2% goal.

Kazaks is the Latvian central bank head.

Kazaks ecb

Source link

Leave a Reply