ECB’s Kazaks: Rate-hiking may not be finished in July

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ECB’s Kazaks: Rate-hiking may not be finished in July

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    European Central Bank (ECB) policymaker Martins Kazaks warned on Tuesday, “rate-hiking may not be finished in July.

    “Bets on spring 2024 ECB ‘significantly premature’.”

    “It’s not impossible for the ECB to hike or pause as the fed cuts.”

    The hawkish comments from Kazaks fail to impress Euro bulls, as EUR/USD is falling 0.17% on the day to trade at 1.0985, as of writing.

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