ICYMI – ECB’s Kazaks sees room for significant interest rates hikes in February and March

European Central Bank Governing Council member Martin Kazaks (governor of Latvia’s central bank) spoke in a phone interview with Bloomberg.

Bloomberg is gated. Kazaks’ main points:

will not be enough to divert the ECB, Kazaks especially, from its inflation fighting approach. The ECB is in a rate hike cycle, trying to combat high inflation. Currently we have had +250bp from them and expectations currently centre on another 2 hikes of +50bp to come.