ECB’s Kazaks Urges Caution: Why Switching to Autopilot in Cutting Interest Rates May Not Be the Best Move

European Central Bank’s Interest Rate Decision European Central Bank Governing Council member Kazaks on Interest Rates Recently, European Central Bank Governing Council member Kazaks, who is also the governor of Latvia’s central bank, spoke with MNI and Bloomberg. According to the Bloomberg report, Kazaks emphasized the importance of not putting interest rate decisions on “autopilot.”…

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