Latvia Central Bank Governor Mārtiņš Kazāks said further monetary tightening may be necessary if elevated energy prices persist and risk spilling into broader inflation. In an interview with Bloomberg TV on Tuesday, he added that policy trade-offs are becoming increasingly nuanced as officials have to balance price stability against the danger of undermining economic growth. (Source: Bloomberg)
Latvia Central Bank Governor Mārtiņš Kazāks said further monetary tightening may be necessary if elevated energy prices persist and risk spilling into broader inflation. In an interview with Bloomberg TV on Tuesday, he added that policy trade-offs are becoming increasingly nuanced as officials have to balance price stability against the danger of undermining economic growth. (Source: Bloomberg)
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