ECB Needs to Keep Open Mind on Its Next Rate Steps, Kazimir Says

The European Central Bank needs to have an open mind on its next steps as it confronts persisting inflation risks, according to Governing Council member Peter Kazimir.

“Over the coming weeks, we must carefully assess all the incoming data and complement what we learn with cautious judgment,” the Slovakian central bank chief said Monday, adding that this flexibility means “keeping all options open, whether we decide to cut again or pause.”