“Inflation still remains high and continued rate increases will be necessary in order to bring inflation down,” Kazaks said. — Bloomberg
LONDON: European Central Bank (ECB) Governing Council member Martins Kazaks says borrowing costs will still need to rise to battle high consumer price growth.
“Inflation still remains high and continued rate increases will be necessary in order to bring inflation down,” Kazaks said in an interview with Latvian TV.
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