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ECB's Kazaks says September hike unlike to be the last, "unless we find ourselves in a very difference scenario than the baseline", Econostream reports
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ECB's Kazaks indicated rate hikes may continue past September, with October hikes possible and every meeting live if inflation or core inflation strengthens further.
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October hike “would still be consistent with the September projections”. Every meeting is live ... I would not segregate projection and non-projection meetings. If the move in inflation is very strong or we see core inflation moving up, we can take bigger steps. Second-round effects are not necessary” to justify another rate hike.
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