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ECB's Kazimir says markets may still be underestimating the monetary policy path required

ORIGINAL · NewsquawkECB's Kazimir says markets may still be underestimating the monetary policy path requiredRead originalHide original

Question is increasingly not whether further ECB action is needed, but by how much. Policymakers should act before elevated inflation becomes normalised, rather than waiting for price pressures to broaden and businesses to pass on higher costs.

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Kazimir’s reported remarks focus on the scale and timing of further ECB action, urging action before elevated inflation becomes normalised.

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Question is increasingly not whether further ECB action is needed, but by how much. Policymakers should act before elevated inflation becomes normalised, rather than waiting for price pressures to broaden and businesses to pass on higher costs.

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