Economy and macroUpdated Yesterday

Kazaks says future ECB rate judgments must weigh inflation against growth

With October inflation at 4% and a December hike being discussed, the question is not only how to tame prices. ECB Governing Council member Martins Kazaks says future rate judgments will involve more nuanced trade-offs between containing inflation and the fallout on growth. He is describing the balance the ECB will face, not announcing a particular rate move.

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