ECB’s Kazaks: The central bank will hike above neutral rate if needed
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European Central Bank (ECB) policymaker Martins Kazaks said at Eurofi on Tuesday that the “ECB will hike above a neutral rate if needed.”
However, he added that a broad and protracted recession could slow rate hikes.
Meanwhile, Governing Council member Mario Centeno said that “the ECB may achieve inflation goal with slow normalization.”
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