Central Banks

ECB Must Wait for September to Gauge Next Rate Cut, Kazimir Says

  • Data due by then will make meeting ‘pivotal,’ he insists
  • Slovak central banker Peter Kazimir comments in op-ed
Peter KazimirPhotographer: SeongJoon Cho/Bloomberg
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The European Central Bank’s September policy meeting will be key for officials to determine whether to cut interest rates again, according to Governing Council member Peter Kazimir.

The Slovak central bank chief — in an op-ed published on Monday — implicitly ruled out July, saying that he and his colleagues will need more data and time to assess the price risks to the economy.