Reported 11 months ago
Governing Council member Martins Kazaks of the European Central Bank stated in an interview with Latvia’s TV3 that the ECB's upcoming policy decisions will rely on the development of the economy and inflation. He noted that financial markets are currently anticipating one to two more cuts this year, while expressing caution about the tendency for inflation to return. Kazaks also mentioned a positive trend of moving away from the peak interest rates.
Source: YAHOO