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ECB 'not quite there' with rate cuts but cautious flexibility needed, Kazimir says

FRANKFURT (Reuters) - European Central Bank interest rates have room to fall further given weak growth and a slowdown in inflation, but uncertainty is so high that any more precise guidance on rates would be unrealistic, Slovak policymaker Peter Kazimir said on Monday.

The ECB lowered borrowing costs for the fourth straight meeting last Thursday and kept the door open to more easing, arguing that inflation is well on track to its 2% goal and the last lingering price concerns should be gone soon.

Markets have fully priced in another cut on March 6 and policymakers speaking to Reuters on condition of anonymity said the real discussion about a potential pause could start only in April, given that the next cut remains uncontroversial.