ECB's Kazaks Says Some Fine-Tuning Rate Cuts ‘Quite Likely'
European Central Bank Governing Council member Martins Kazaks said further interest-rate cuts may be needed, according to Econostream Media.
'We've done a lot in terms of rate cuts, and monetary policy will need to remain vigilant to ensure that inflation stays around 2%,' he was cited as saying in an interview conducted June 6. 'Will it require some further cuts for fine tuning? Quite likely.'
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