ECB Pledges to Raise Rates Further if Necessary, Says Governing Council Member

The European Central Bank (ECB) has made it clear that they will raise interest rates further if necessary, as per Governing Council member Peter Kazimir. Kazimir emphasized that the ECB will take each decision when needed and not waver when evidence calls for action.

In an op-ed on the website of Slovakia's central bank, which he heads, Kazimir stated, 'We will take each decision when it is needed, and we will not waver when the evidence calls for action.'