Finance

ECB's Kazaks expects more rate cuts if current economic trajectory holds, Bloomberg News reports

Published by Global Banking & Finance Review

Posted on March 27, 2025

1 min read

· Last updated: January 24, 2026

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ECB's Kazaks expects more rate cuts if current economic trajectory holds, Bloomberg News reports
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(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

ECB's Kazaks Predicts Possible Rate Cuts Amid Current Trends

(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)

Key Takeaways

  • ECB may lower borrowing costs if economic conditions remain stable.
  • Martins Kazaks highlights tariffs as a source of uncertainty.
  • Kazaks is a member of the ECB's Governing Council.
  • The Latvian central bank governor shared insights with Bloomberg.
  • Potential rate cuts depend on maintaining current economic trajectory.

Frequently Asked Questions

What is the main topic?
The main topic is the potential for the ECB to cut rates further if current economic conditions persist.
Who is Martins Kazaks?
Martins Kazaks is a member of the ECB's Governing Council and the Latvian central bank governor.
What are the uncertainties mentioned?
Tariffs are mentioned as a source of economic uncertainty.

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