ECB's Kazimir: Ready to hike in July

Market news

12 May 2022

ECB's Kazimir: Ready to hike in July

The European Central Bank (ECB) is rate to hike the key rate in July, ECB policymaker and Slovak central bank Governor Peter Kazimir tweeted out on Thursday.

Kazimir's comments on the rate hike outlook echo his colleagues, as the ECB steers towards a likely rate hike in the early third quarter.

Market reaction

EUR/USD is off the lows but remains 0.53% lower on the day, currently trading at 1.0453.

Currencies. Daily history for Thursday, May 12, 2022

Commodities. Daily history for Wednesday, May 11, 2022

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