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ECB’s Kazaks Says Worth Looking at Larger Rate Hike in July

  • Latvian official says ‘front-loading’ could be reasonable
  • Central bank officials meeting at Portuguese resort this week
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ECB’s Kazaks: 50-Bps Hike Worth Looking at in July
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The European Central Bank should consider an initial increase in interest rates above the planned quarter-point hike if there are signs that high inflation readings are feeding expectations, according to Governing Council member Martins Kazaks.