European Central Bank Governing Council member Kazaks: Interest rates may be lowered again in June, but caution is required

Zhitong
2025.05.12 23:56
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Martins Kazaks, a member of the European Central Bank's Governing Council, supports further lowering borrowing costs but emphasizes the need for caution. He pointed out that the monetary policy meeting in early June will make decisions based on the latest data, with the current market generally expecting interest rate cuts. He believes that gradually lowering interest rates is reasonable with inflation close to 2%. However, the central bank governors of Germany and Spain have reminded that policy should be formulated cautiously against the backdrop of uncertain U.S. tariff policies