ECB's Kazak says interest rates are 'relatively close' to target level

ECB's Kazak says interest rates are 'relatively close' to target level

European stocks are poised to trade in the green at the opening bell on Friday.

ECB’s Kazaks: Interest rates near terminal level of easing cycle - Action Forex

Latvian ECB Governing Council member Martins Kazaks indicated market pricing of a 25bps cut at the June 5 meeting is “relatively appropriate”. Nevertheless, speaking to CNBC, Kazaks added that inflation developments are “by and large within the baseline scenario”. Thus, ECB is “relatively close to the terminal rate” of its easing cycle. Kazaks’ comments argue […] The post ECB’s Kazaks: Interest rates near terminal level of easing cycle appeared …

The European Central Bank is “relatively close to the final interest rate,” Governing Council member Martins Kazaks told CNBC, provided that inflation remains within…More...

ECB’s Kazaks: Meeting-by-meeting approach is right

European Central Bank (ECB) policymaker Martins Kazaks said on Friday that “meeting-by-meeting approach is right.”