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ECB’s Kazimir Backs End of QE in August, Flexibility on Hikes

  • Summer lull would be ‘natural’ timing to conclude purchases
  • Slovak central bank chief urges new guidance on timing of hike
Peter Kazimir

Peter Kazimir

Photographer: Christian Wind/Bloomberg
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The European Central Bank should wind down net bond-buying in the summer, while giving itself more flexibility on the timetable for any subsequent interest-rate increase, according to Governing Council member Peter Kazimir.