Aaron Eglitis

Aaron Eglitis 1 min read (Bloomberg) -- The European Central Bank should lower interest rates next month, according to Governing Council member Martins Kazaks.

The European Central Bank should continue to cut borrowing costs as consumer-price growth is nearly in check, according to Governing Council member Martins Kazaks.

Latvian central-bank Governor Martins Kazaks will face two other candidates in his bid to secure another five-year term.

(Bloomberg) -- Latvian central-bank Governor Martins Kazaks will face two other candidates in his bid to secure another five-year term.

European Central Bank Governing Council member Martins Kazaks said the size of interest-rate reductions could be increased should economic developments warrant it.

The European Central Bank should lower interest rates further but probably won’t need to take them to levels that would stimulate economic expansion, according to Governing Council member Martins Kazaks.

The European Central Bank (ECB) should lower interest rates further but probably won’t need to take them to levels that would stimulate economic expansion, according to Governing Council member Martins Kazaks.

Latvian governing parties unexpectedly pulled nominations for the next central bank governor ahead of a vote scheduled for Thursday, Prime Minister Evika Silina said on social media.

(Bloomberg) -- Latvian governing parties unexpectedly pulled nominations for the next central bank governor ahead of a vote scheduled for Thursday, Prime Minister Evika Silina said on social media.

Latvia’s parliament granted temporary control over the central bank to a deputy of Governor Martins Kazaks, whose term ends on Dec. 21.