ECB’s Kazaks: The direction of interest rates is clearly down
Source Fxstreet
European Central Bank (ECB) policymaker Martins Kazaks said on Friday that “the direction of interest rates is clearly down.”
Additional quotes
A significant reduction in rates is still necessary.
Neutral rate is closer to 2% than 3%.
It's right to go step by step on rates.
A bigger rate cut is possible if required.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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