Eurozone News
LAST UPDATE: July 28, 2025
ECB’s Kazimir says big unexpected economic shift needed for September rate cut
ECB policymaker Peter Kazimir stated that a significant and unforeseen economic downturn—such as labor market distress—would be required before considering a rate cut in September. (Reuters, Reuters)
Insight
Despite markets pricing in possible easing, the ECB is cautious: it has already reduced rates substantially and needs clearer signs of weakness before signaling further cuts.
