ECB’s Kazaks, in an interview with Latvian Radio as reported by Bloomberg, emphasised that financial coverage is efficient and famous a big decline in inflation.
He additionally highlighted geopolitics as the first dangers for inflation. He talked about that this 12 months will see charge cuts, however affirmed that the precise timing hinges on knowledge. Kazaks cautioned in opposition to overly optimistic expectations for spring charge cuts, refraining from offering particular particulars.
