ECB's Kazaks: The current interest rate level is in line with inflation

  • Comments from the ECB policymaker, Martins Kazaks
ECB
  • We will adjust rates if the current situation changes
  • The ECB has fulfilled its inflation target
  • US tariff policy not as bad as initially thought

These comments are in line with the ones we've been hearing from other ECB members. They've been repeating the same stuff over and over again: interest rates are at appropriate level and they won't respond to small or short-term deviations from their 2% target.

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