ECB Governing Council member says it will not hesitate to raise rates further if necessary.
September 14 news: ECB Governing Council member Kazimir said the ECB will not hesitate to raise interest rates further if necessary, though it will still take time to determine the next step. Kazimir believes the inflation risks are "clearly tilted to the upside." He said that while stronger-than-expected economic growth is also a contributing factor, energy remains the main source of risk for inflation, and he is particularly focused on natural gas and electricity prices.
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