ECB policymaker Kazimir said energy prices remain a key factor for deciding next steps and declined to disclose his voting intentions. He called this month’s rate rise unavoidable given the energy shock, said energy costs have persisted longer than expected, that the ECB has time to keep policy flexible, and that January repricing data will be key to gauging second‑round effects of higher energy prices on inflation.

2026-09-29

ECB policymaker Kazimir said energy prices remain a key factor for deciding next steps and declined to disclose his voting intentions. He called this month’s rate rise unavoidable given the energy shock, said energy costs have persisted longer than expected, that the ECB has time to keep policy flexible, and that January repricing data will be key to gauging second‑round effects of higher energy prices on inflation.