ECB’s Kazaks: September rate hike needs to be quite significant

European Central Bank (ECB) policymaker Martins Kazaks backs the case for bigger rate hikes in his appearance on Monday.

Key quotes

September rate hike needs to be quite significant.

Big rate hikes may not be over yet

Should be open to discussion on bigger rate hikes.

Market reaction

At the time of writing, EUR/USD is keeping its range around 1.0200, lower by 0.07% on the day.

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