ECB's Kazimir: I don't think March rate hike will be the last

Market news

3 February 2023

ECB's Kazimir: I don't think March rate hike will be the last

European Central Bank (ECB) policymaker Peter Kazimir said on Friday that “I don't think the March rate hike will be the last.”

Additional comments

“We will decide subsequently how many more will be needed.”

“March rate hike won't bring us to peak of interest rates yet.”

"The battle against inflation is far from won.”

Market reaction

The Euro fails to benefit from the hawkish commentary from the ECB policymakers, trading listlessly at around 1.0900, at the time of writing.

Currencies. Daily history for Friday, February 3, 2023

Commodities. Daily history for Thursday, February 2, 2023

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.