• ECB’s Kazaks: Too soon to say that terminal rate has been reached

Noticias del mercado

13 noviembre 2023

ECB’s Kazaks: Too soon to say that terminal rate has been reached

The European Central Bank (ECB) Governing Council member Martins Kazaks said on Monday, it is ‘too soon to say that terminal rate has been reached.”

Further comments

Sees risk of spillover into inflation.

No clear peak of wage growth seen yet.

There is no "automaticity" regarding the next rate move.

Market reaction

 EUR/USD is holding lower ground near 1.0675, shrugging off the upbeat remarks from the ECB official.

Enfoque del mercado
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
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: