Central Banks
ECB’s Kazimir Sees Three to Four More Cuts Starting Next Week
- Slovak official sees no reason to pause or change pace
- Uncertainty is uncomfortably high, Kazimir says in interview
Peter Kazimir
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
A reduction in interest rates next week by the European Central Bank is all but certain and two to three more will probably follow, according to Governing Council member Peter Kazimir.
Recent data suggest quarter-point, back-to-back rate cuts should continue, Kazimir said late Monday in an interview. Heightened uncertainty, however, means the ECB must remain nimble in case things change.