ECB’s Kazaks cautions against hasty rate cuts

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<p>ECB Governing Council member Martins Kazaks emphasized a cautious approach to reducing interest rates in an interview with BloombergTV. He acknowledged that while a downward adjustment in rates is anticipated, the ECB should not hasten this process, cautioning against premature actions that could potentially rekindle inflation. Kazaks drew parallels to historical instances, particularly from the […]</p>
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