> ECB's Kažimír: 75 bps is a very good option to keep the pace of tightening

ECB's Kažimír: 75 bps is a very good option to keep the pace of tightening

Remarks by ECB policymaker, Peter Kažimír

Wednesday, 28/09/2022 | 08:34 GMT-0

We have a consensus that we want to reach neutral rate level
But there is no consensus on what the neutral rate is

The door for a 75 bps rate hike next month is being kept open but the remarks about the neutral rate is barely convincing. In other words, they will just hike until where they see fit and then decide that said level will be the neutral rate when they can't hike any more.