European Central Bank Governing Council member Kazimir said the ECB still needs to deliver at least one more rate hike, according to a report cited by ChainCatcher from Jinshi. The update was published as a 7x24 news flash. No additional details were provided in the source text beyond Kazimir’s remark on the need for another increase in rates. The item points to the ECB’s policy stance through a brief market update and does not include timing, magnitude, or further comment.
ChainCatcher reported, citing Jinshi, that European Central Bank Governing Council member Kazimir said the ECB needs at least one more rate hike.
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