ECB’s Kazaks Sees ‘Significant’ Rate Hikes at Next Two Meetings
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European Central Bank Governing Council member Martins Kazaks expects interest rates to be raised “significantly” in February and March.
“In the next two meetings I think we can still do quite large steps,” he said Tuesday in a phone interview. “Of course the steps may become smaller as necessary as we find the level appropriate to bring the inflation down to 2%.”