ECB's Kazimir Calls for Further Rate Hikes to Combat Inflation
ECB Governing Council member Peter Kazimir stated that interest rates must be increased further to effectively tackle persistent inflation in the Eurozone.
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ECB Officials Signal June Interest Rate Hike Is 'Inevitable'
European Central Bank officials, including policymaker Peter Kazimir, have strongly indicated that an interest rate hike in June is "all but inevitable." This comes as ECB surveys suggest inflation will ease by 2027, but concerns about a eurozone recession persist.