ECB's Kazimir: We should act before high inflation starts to feel normal
Source Fxstreet
European Central Bank (ECB) Governing Council member and Governor of the National Bank of Slovakia (NBS), Peter Kazimir, said during the European trading session on Monday that the focus is more on how much further monetary policy tightening is needed.
Remarks
The question is increasingly not if further ecb action is needed but how much.
Waiting for inflation to spread and businesses to pass costs on not necessarily good policy.
Markets may still underestimate what path is required.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The Fed held at 3.75%–4.00% — and two officials voted to hike. December is now 85% pricedThe FOMC held by a 10–2 vote, with Governor Cook and Cleveland Fed President Hammack dissenting for a 25bp hike. Chair Warsh offered no forward guidance and no dot plot, the 2-year yield fell 8bp to 4.70%, and the dollar slipped to 101.84 even as markets moved December hike odds to 85%–87%. Tonight's Q3 GDP and September core PCE are the next referee.
The FOMC held by a 10–2 vote, with Governor Cook and Cleveland Fed President Hammack dissenting for a 25bp hike. Chair Warsh offered no forward guidance and no dot plot, the 2-year yield fell 8bp to 4.70%, and the dollar slipped to 101.84 even as markets moved December hike odds to 85%–87%. Tonight's Q3 GDP and September core PCE are the next referee.
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 2, 2026. Read on for the details.
Binance replaced 95% of a $6.3bn hole — Bitcoin is trading the plumbing, not the coinBinance resumed withdrawals on November 1 after a record $6.3bn theft. In the first 9.5 hours, users withdrew $4.64bn and deposited $1.01bn, a net outflow of $3.64bn, or 2.1% of assets. Bitcoin fell to 76,173 and is now 78,473. The market is pricing the exchange, not the supply.
Binance resumed withdrawals on November 1 after a record $6.3bn theft. In the first 9.5 hours, users withdrew $4.64bn and deposited $1.01bn, a net outflow of $3.64bn, or 2.1% of assets. Bitcoin fell to 76,173 and is now 78,473. The market is pricing the exchange, not the supply.
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 3, 2026. Read on for the details.
Gold closed at $3,946, up 1.84% from a one-year low of $3,870.25, as Brent's 7.6% slide cut December hike odds to 77%. ETF holdings are still shrinking — a short-covering bounce, not new money.
