ECB's Kazaks Issues Cautionary Note on Potential Interest Rate Cuts

In a recent statement, Latvijas Banka Governor and European Central Bank (ECB) policymaker, Martin Kazaks, has sounded a note of caution regarding the potential for interest rate cuts in the eurozone. While acknowledging the current economic climate, Kazaks emphasized the importance of not prematurely lowering rates, suggesting that such a move could lead to unintended consequences.

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