ECB will have to raise rates again, extent uncertain, Kazimir says

ECB’s Kazimir Says Markets May Underestimate What’s Needed on Rates

Investors may not be pricing enough tightening by the European Central Bank, with the energy shock showing no sign of fading and inflation picking up again, according to Governing Council member Peter Kazimir.

ECB will have to raise rates again, extent uncertain, Kazimir says

The European Central Bank will have to raise interest rates again to prevent high inflation from getting entrenched and markets may be underestimating what is ​needed to quell price pressures, Slovak central bank chief Peter Kazimir ‌said.

Kazimir Warns of Further ECB Rate Hikes as Digital Euro Plans Advance

Slovakia’s central bank chief Peter Kazimir warned on November 2 that persistently high inflation could require the European Central Bank (ECB) to raise interest rates further, suggesting that markets may be underestimating the monetary tightening needed to bring inflation back to target. Separately, the ECB announced on October 30 that it had selected two technology […] Read The Full Article Kazimir Warns of Further ECB Rate Hikes as Digital Eu…