ECB’s Kazimir says a July rate hike is on, but will need fresh analysis for September

Monday was a busy day for European Central Financial institution speaking heads:

Rounding it out have been feedback from the top of the Nationwide Financial institution of Slovakia (Národná banka Slovenska), and subsequently a member of the ECB’s Governing Council, Governor Peter Kazimir:

• “We have to ship one other charge hike in July and transfer additional into restrictive territory,”
• “A continuation of financial coverage tightening is the one cheap method forward.”
• added that recent evaluation might be required in September to resolve on one other hike, however leaned hawkish saying that stopping charge hikes too quickly is a “way more vital” danger than overtightening