ECB Must Hike One More Time, Preferably Next Week, Kazimir Says
- Too early to call victory over inflation, Slovak official says
- Hawkish central banker comments ahead of quiet period
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The European Central Bank needs to raise interest rates one more time to make sure inflation returns to 2%, according to Governing Council member Peter Kazimir.
Taking that step next week is preferable to a pause — which is also an option — because price growth remains too strong, the Slovak central bank chief said.