ECB to Hike If Oil Deanchors Inflation Expectations, Kazaks Says

The European Central Bank will need to raise borrowing costs if an increase in crude prices feeds through to inflation expectations, according to Governing Council member Martins Kazaks.

By Aaron Eglitis · Bloomberg Markets

The European Central Bank will need to raise borrowing costs if an increase in crude prices feeds through to inflation expectations, according to Governing Council member Martins Kazaks.