ECB's Kazaks says not certain next rate move will be a hike; would not object to bets of two hikes this year
- I haven’t seen much yet in the way of spillovers.
Context
ECB's Kazaks suggests uncertainty regarding whether the next rate move will be a hike, while also indicating he wouldn't oppose market speculation about two hikes this year. This implies a nuanced approach to the ECB's future policy path, potentially keeping the euro under pressure and influencing fixed income markets as traders weigh the likelihood of rate changes against economic conditions.
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