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ECB to Hike If Oil Deanchors Inflation Expectations, Kazaks Says

Bloomberg Markets · May 14, 2026, 5:22 AM · Also reported by 3 other sources

The European Central Bank will need to raise borrowing costs if an increase in crude prices feeds through to inflation expectations, according to Governing Council member Martins Kazaks.

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ECB to Hike If Oil Deanchors Inflation Expectations, Kazaks Says

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