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21 May 2025
ECB's Kazaks: ECB will soon reach terminal rate if baseline holds
European Central Bank (ECB) policymaker Martins Kazaks said on Wednesday, “the ECB will soon reach terminal rate if baseline holds.”
Additional quotes
- Interest rate cuts are nearing an end assuming inflation stabilizes at 2% over the coming months.
- It's important to analise alternative scenarios amid the trade uncertainty.
- If either inflationary or deflationary risk scenario materialises, monetary policy will react accordingly.