ECB's Kazaks: An early 2023 rate hike is a possibility, ECB ready to cut stimulus

Market news

5 January 2022

ECB's Kazaks: An early 2023 rate hike is a possibility, ECB ready to cut stimulus

Latvian central bank governor and ECB governing council member Martins Kazaks said on Wednesday that the ECB is ready to raise rates and cut stimulus if needed. The bank, he continued, is ready to take action if the inflation outlook picks up and an early 2023 rate hike is a possible scenario.

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