ECB’s Kazimir: No significant change that would force my hand to act in September.

FXStreetJul 28, 2025 9:55 AM

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European Central Bank (ECB) policymaker Peter Kazimir said on Monday that there is “no significant change that would force my hand to act in September.“

Additional quotes

I see no looming spectre of a sustained inflation undershoot; risks are not tilted to downside

It would take something like clear signs of unravelling in the labour market for me to act.

US-EU trade deal reduces uncertainty, but unclear for now how it impacts inflation.

Market reaction

EUR/USD was last seen trading 0.62% lower on the day at 1.1668, when writing.

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