Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
ECB's Kazaks indicates potential rate cuts if economic conditions hold steady, with tariffs adding uncertainty.
(Reuters) - The European Central Bank could lower borrowing costs further if the current economic trajectory is maintained, Governing Council member Martins Kazaks told Bloomberg News in an interview on Thursday.
Kazaks, who is also the Latvian central bank governor, told Bloomberg News tariffs are another source of uncertainty.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Shri Navaratnam)
The main topic is the potential for the ECB to cut rates further if current economic conditions persist.
Martins Kazaks is a member of the ECB's Governing Council and the Latvian central bank governor.
Tariffs are mentioned as a source of economic uncertainty.
Explore more articles in the Finance category
