ECB's Kazaks: The door on rate hikes cannot be closed

<ul><li>Interest rates are currently appropriate to get inflation to 2% in H2 2025 but door on rate hikes can't be closed</li><li>Talks on mandatory higher reserve requirements for banks are appropriate</li><li>Italian spreads no unwarrated and not worrisome</li></ul><p>It's a clear wait-and-see stance for the ECB and that's no surprise for the market.</p>

This article was written by Adam Button at www.forexlive.com.