ECB’s Kazaks: The door on rate hikes cannot be closed

  • Interest rates are currently appropriate to get inflation to 2% in H2 2025 but door on rate hikes can’t be closed
  • Talks on mandatory higher reserve requirements for banks are appropriate
  • Italian spreads no unwarrated and not worrisome

It’s a clear wait-and-see stance for the ECB and that’s no surprise for the market.

This article was written by Adam Button at Source