Reported 2 days ago
Martins Kazaks, a member of the European Central Bank's Governing Council, emphasized the need for flexibility in upcoming interest rate decisions due to unpredictable geopolitical factors. He noted that current levels of uncertainty are higher than usual and urged an open-minded approach, stating it's impossible to predict outcomes without understanding various economic shocks. He echoed sentiments expressed by other officials regarding readiness to act in a rapidly changing environment.
Source: YAHOO