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ECB’S KAZIMIR: SHOULD WAIT UNTIL JUNE FOR FIRST RATE CUT

hagijeee
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European Central Bank (ECB) Governing Council member Peter Kazimir said on Monday that the central bank “should wait until June for the first rate cut.”

Additional comments

Rushing the move is not smart nor beneficial.

Upside risks to inflation are "alive and kicking".

Need more hard evidence on inflation outlook.

Only in June will we reach the confidence threshold on that.

But discussions on easing should ready start.

We will use the weeks ahead for that.


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