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ECB’s Kazaks: 25 bps hike in July, 50 bps in September is the base case

European Central Bank (ECB) policymaker Martins Kazaks told Bloomberg TV on Tuesday that he expected a 25 bps rate hike in July while a 50 bps increase is the base case scenario in September.

Additional quotes

Though it may be worth looking at 50 bps rate hike in July.

It may be reasonable to frontload rate hikes.

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