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Bloomberg

ECB's Kazāks Sees Rate-Hike Judgments Getting ‘More Nuanced’

Tuesday, November 10, 2026


Latvia's central bank governor Mārtiņš Kazāks said further interest rate increases may be necessary if elevated energy prices continue and spread into broader inflation. In a Tuesday interview with Bloomberg TV, Kazāks stated that policymakers must balance price stability against risks to economic growth. The European Central Bank's Governing Council is weighing monetary policy decisions amid energy price volatility.

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