ECB's Kazaks Says Restrictive Policy May Be Appropriate
European Central Bank Governing Council member and Bank of Latvia Governor Martins Kazaks discusses the second-round inflation effects of the energy price shock and the outlook for interest rates. "With the economy forecasted to close the output gap next year, you know, wading into restrictive territory, in my view, would be appropriate," Kazaks tells Bloomberg's Oliver Crook in Dublin. (Source: Bloomberg)