[ECB Governing Council Member Kazaks: No Rush to Raise Rates, Will Continue Observing Data] ECB Governing Council Member Martins Kazaks stated that there is no rush to raise interest rates, as current data is insufficient to support such action. Kazaks remarked, 'We still have ample room to continue gathering data and forming judgments.' Inflation expectations remain under control, and so far, the ripple effects of rising energy prices on the broader economy have been relatively limited. Oil prices have retreated from their peak following the Iran conflict, and European natural gas prices are also far below 2022 levels. Kazaks noted that the current 2% interest rate level neither stimulates economic growth nor suppresses economic activity.