ECB's Kazimir: I don't think March rate hike will be the last

European Central Bank (ECB) policymaker Peter Kazimir said on Friday that “I don't think the March rate hike will be the last.”

Additional comments

“We will decide subsequently how many more will be needed.”

“March rate hike won't bring us to peak of interest rates yet.”

"The battle against inflation is far from won.”

Market reaction

The Euro fails to benefit from the hawkish commentary from the ECB policymakers, trading listlessly at around 1.0900, at the time of writing.