ECB's Kazimir opens door to two more rate cuts
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FILE PHOTO: Peter Kazimir, Governor of the National Bank of Slovakia, attends a meeting in Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., August 26, 2022.
FRANKFURT (Reuters) - European Central Bank policymaker Peter Kazimir opened the door on Monday to two more interest rate cuts by the end of the year if data justified them.
"The doors remain open to additional easing should the environment warrant and justify such action," the Slovak governor said in a blog post.
"Financial markets are betting on two more rate cuts before the year ends. While this isn’t entirely misplaced, it should not be taken as a given or a baseline scenario."
(Reporting by Francesco Canepa; Editing by Alison Williams)
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