ECB Governing Council member Kazaks: No rush to raise interest rates, will continue to monitor data

```htmlAccording to Jinse Finance, on April 22, European Central Bank Governing Council member Martins Kazaks stated that there is no rush to raise interest rates, as current data is still insufficient to support such action. Kazaks said: "We still have ample room to continue gathering data and forming a judgment." Currently, inflation expectations remain under control, and so far, the ripple effects of rising energy prices on the overall economy are relatively limited. Oil prices have retreated from their post-Iran war highs, and European natural gas prices are also well below 2022 levels. Kazaks noted that the current 2% interest rate level neither stimulates economic growth nor suppresses economic activity. (Cailian Press)```