ECB's Kazaks: energy-price shock more sustained, 2.5% may be upper end of neutral rate

ECB Governing Council member Martins Kazaks said the energy-price shock is more sustained and that policymakers must do everything to avoid second-round effects. He said 2.5% may be the upper end of the neutral rate and rates could go higher than 2.5% if necessary, in remarks to BTV.

Detected & updated continuously · Source: Nebula