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ECB Will Act If Inflation Outlook Picks Up, Kazaks Says

Rate hikes, further withdrawal of support possible if needed
‘Flexibility is the name of the game,’ Latvian official says

TOPSHOT-GERMANY-BANKING-ECB-EURO-ANNIVERSARY — Photographer: Daniel Roland/AFP/Getty Images

By

Alexander Weber and

January 5, 2022, 12:18 PM UTCUpdated onJanuary 5, 2022, 1:00 PM UTC

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No one should be in any doubt that the European Central Bank stands ready to act if the inflation outlook strengthens, according to Governing Council member Martins Kazaks.