{
Mārtiņš Kazāks

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eurozone central bank members discuss potential half-point interest rate cut

Mārtiņš Kazāks, governor of the Bank of Latvia and ECB Governing Council member, indicated that a jumbo half-point interest rate cut is possible for December, emphasizing that all options should be considered. His remarks follow a recent back-to-back rate cut by the ECB and come amid lower-than-expected inflation data, which has shifted the outlook towards potential further cuts. Kazāks noted that while the bank remains in restrictive territory, easing rates will depend on forthcoming economic data.
CNBC
Euro European Central Bank Legal Entity of Public Law LVA Mārtiņš Kazāks Mario Centeno Karen Tso Show more
Finance & Economy, News Article
15:30 24.10.2024
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