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Kazimir Sees ECB Holding Rates in September in Absence of Shock

Kazimir Sees ECB Holding Rates in September in Absence of Shock

Bloomberg28-07-2025
The European Central Bank shouldn't cut interest rates in September unless there's evidence of a major deterioration in the economy, according to Governing Council member Peter Kazimir.
With the deposit rate held at 2% last week, the ECB is in a 'comfortable place' to monitor trade uncertainty, the Slovak official said Monday. A deal struck between the US and the European Union is 'welcome news,' though doesn't grant an all-clear for the euro-zone economy.
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