ECB’s Kazimir: Premature to consider a September pause the end of the tightening cycle

  • We should take a firm step further on our way to the top
  • Even if we do take a break in September, it would be premature to automatically consider it the end of the cycle
  • There is still risk of inflation coming in higher than expected
  • We are looking for the right place to stay for a large part of next year

He’s not giving anything away but just be mindful that Kazimir is one of the more hawkish members. As such, he’s going to try and squeeze in some of that bias in his remarks.

This article was written by Justin Low at www.forexlive.com. Source