21 May 2025 | Euro

Kazaks: realization of EU baseline scenario to curb inflation may accelerate completion of rate cuts

Kazaks: realization of EU baseline scenario to curb inflation may accelerate completion of rate cuts

European Central Bank Governing Council member Martins Kazaks stated that interest rate cuts are nearing their conclusion, provided the baseline scenario of inflation stabilizing at 2% materializes in coming months.

However, Kazaks emphasized the need of examining alternative inflation-control scenarios and expressed the ECB officials’ willingness to take necessary measures regardless of the US-influenced trade uncertainties affecting consumer prices.

The official added that if an inflationary or deflationary risk scenario is realized, the ECB monetary policy will be adjusted accordingly.

Company MarketCheese
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
Yesterday at 08:04 AM 20
Period: 30.11.2026 Expectation: 5700 pips
Selling USDJPY down to 150.00
Yesterday at 08:04 AM 15
Period: 30.09.2026 Expectation: 1500 pips
Invest in GBPUSD up to 1.36270
17 September 2026 30
Period: 15.10.2026 Expectation: 1000 pips
Selling SPX down to $7,490
16 September 2026 40
Brent sell
Period: 15.10.2026 Expectation: 800 pips
Brent crude sell-off targets $95.80
16 September 2026 29
Gold sell
Period: 31.10.2026 Expectation: 18000 pips
Go short on gold upon breaking $4,300
15 September 2026 54
Go to forecasts