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ECB’s Kazaks Says No Need for Multiple Hikes in Rushed Way

Bloomberg Markets Monday 29 June 2026, 07:50 UTC By Zoe Schneeweiss 1 min read
Key Points

Central Banks ECB’s Kazaks Says No Need for Multiple Hikes in Rushed Way The European Central Bank doesn’t need to raise borrowing costs several times quickly, Governing Council member Martins Kazaks told Econostream Media. “There is no rush,” the Latvian central banker was cited as saying.

Central Banks ECB’s Kazaks Says No Need for Multiple Hikes in Rushed Way The European Central Bank doesn’t need to raise borrowing costs several times quickly, Governing Council member Martins Kazaks told Econostream Media. “There is no rush,” the Latvian central banker was cited as saying. “We can see the data coming. There is no urgent need for a hurried or forceful reaction at this moment.”
ECB (ORG) Kazaks Says No Need for Multiple Hikes in Rushed (ORG) Way Central Banks ECB (ORG) Kazaks Says (ORG) Way The European Central Bank (ORG) Governing Council (ORG) Martins Kazaks (PERSON) Econostream Media (ORG) Latvian (ORG)
Originally published by Bloomberg Markets Read original →

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