Kazimir says this month's rate hike was unavoidable given the energy shock and flags persistent high energy prices, signaling a hawkish ECB stance that supports higher policy rates/yields.
Impact on assets 2
Others
%ECB rates
ECBRATES
▲ PositiveMonetaryrelevance
Others
💱Euro/US Dollar FX Spot Rate
EURUSD
▲ PositiveMonetaryrelevance
Hawkish ECB commentary (unavoidable hike, persistent energy-driven inflation) supports the euro versus the dollar.