Martins Kazaks

speaker

82 appearances 1 recordings 1 series first heard Jan 2026 last heard 15 Jan

Martins Kazaks’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.

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Bloomberg Talks · ECB's Kazaks Talks Central Bank Pressure · 15 Jan 2026 podcast

in Europe, in my view, strengthens the case for dependence of the central bank, because of it doing a good job so far.

But as I mentioned, of course, independence should come hand in hand together with accountability.

The modus operandi that we have had so far has been the appropriate one.

So it's meeting by meeting, data dependent, open mind, seeing what the trends in the economy are and then reacting to that.

And this has allowed us to be in a good place, the decisions of the past years.

have been appropriate ones, and we are at the target, spot on now as well, at 2%, with services inflation as well gradually coming down to 2%.

But it does not mean that we can be relaxed.

Uncertainty remains very high.

And that means that there are multiple shocks that might hit us.

And that, in my view, still very strongly supports the current modus operandi.

Let's not give too much forward guidance in terms of the rates.

What is important for the markets to understand is our reaction functions.

And the markets understand it in my view.

So that is good news.

That, of course, would be one of the elements because ending this negative shock would be beneficial.

But, of course, one needs to understand what kind of peace is it going to be.

Is it a good peace?

With economic growth, political certainty, or is it just a pause for another outbreak of a conflict?

So the outcomes are likely to be very different.

But this is only one of the shocks.

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