Central Banks
ECB to Discuss Bigger Cut But Uncertainty High, Kazaks Says
- Markets see 20% chance of 50 bps move at meeting next week
- Stournaras sees ECB lowering borrowing costs next on inflation
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The European Central Bank is likely to cut interest rates again next week and while policymakers are set to debate a bigger-than-usual move, they should proceed carefully, according to Governing Council member Martins Kazaks.
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