ECB may need until spring to conclude that no more hikes are needed: Kazimir

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ECB may need until spring to conclude that no more hikes are needed: Kazimir
France Dernières Nouvelles,France Actualités
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FRANKFURT (Reuters) - The European Central Bank's rate hike on Thursday may have been its last for now but policymakers will need until March to be ...

FRANKFURT - The European Central Bank's rate hike on Thursday may have been its last for now but policymakers will need until March to be sure and further rate hikes cannot yet be ruled out,aFrite Restaurant's Fight for Survival: little Halifax versus Halifax's little Toronto | SaltWireFRANKFURT - The European Central Bank's rate hike on Thursday may have been its last for now but policymakers will need until March to be sure and further rate hikes cannot yet be ruled out,...

"Only the March forecast can confirm that we are heading unequivocally and steadily towards our inflation goal," Kazimir said in an opinion piece."That is why I cannot rule out the possibility of further rate increases today." He added that even if the ECB was at the so-called terminal rate, or the peak in interest rates, the bank would need to chart steady course for an extended period.

"It is, therefore, premature to place market bets on when the first interest rate cuts will occur," he added.

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