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ECB Will Act With ‘Cool Head’ on Market Volatility, Kazaks Says

  • Officials will act before July 21 if they have to, he says
  • Latvian central bank chief says some turbulence is natural
Martins Kazaks
Martins KazaksPhotographer: Evija Trifanova/LETA/Latvia Central Bank
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The European Central Bank is ready to combat unwarranted financial-market moves but must also be prepared to look through turbulence as it exits negative interest rates, Governing Council member Martins Kazaks said.