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ECB'S KAZAKS SAYS MONETARY POLICY STILL NEEDS SOME HAWKISH EDGE
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ECB Governing Council member Martins Kazaks said monetary policy still requires a hawkish tilt, signaling the central bank is not ready to soften its stance. The remarks push back against expectations for an imminent pivot toward easing. It matters because rate-path expectations drive euro-area bond yields and the euro. Watch upcoming ECB commentary and inflation data for confirmation of how long the hawkish edge persists.
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European Central Bank, Kazaks