ECB’s Kazimir: A slight ECB rate increase might be necessary
European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS) Peter Kazimir highlights the need for a slight interest rate increase during European trading hours on Friday. Kazimir warned that the Iran war could still significantly slow global growth.
Market reaction
EUR/USD trades 0.1% higher to near 1.1700 during the European trade on Friday; however, the impact appears to have stemmed from a slight correction in the US Dollar (USD).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ULTA BEAUTY INC <ULTA.O>: D.A. DAVIDSON RAISES TARGET PRICE TO $625 FROM $585
RUBRIK, INC. <RBRK.N>: BTIG RAISES TARGET PRICE TO $125 FROM $109
KROGER CO <KR.N>: JP MORGAN CUTS TARGET PRICE TO $62 FROM $63
WORKDAY, INC. <WDAY.O>: BARCLAYS RAISES TARGET PRICE TO $224 FROM $200
Crypto prices
More
