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🇪🇺 Kazaks, who in the past resisted speculation about imminent rate reduction, told Reuters this time market pricing was in line with the ECB's own economic projections, which see inflation closing in on its 2% target by end of the year. "If I take a look at the current market… https://t.co/0SzTuTPAFM
ECB's Kazaks 'Comfortable' With Market Bets On Three Rate Cuts This Year - XM https://t.co/BLC0T6pKEo
⚠️ ECB'S KAZAKS 'COMFORTABLE' WITH MARKET BETS ON THREE RATE CUTS THIS YEAR Full Story → https://t.co/duv6oOCYE0 European Central Bank policymaker Martins Kazaks said on Tuesday he was "comfortable" with investor bets on three interest rate cuts by the central bank by the end… https://t.co/I7XsjIBfHo
European Central Bank policymaker Martins Kazaks expressed comfort with the current market pricing on rates, stating that moving at forecast meetings is more straightforward. Kazaks mentioned being comfortable with investor bets on three interest rate cuts this year and noted it will take some time to reach the neutral rate. The market generally anticipates further declines in financing costs, according to PBOC-affiliated news media.
