ECB’s Holzmann: 50bps cut in Dec unlikely, but can’t be ruled out

Austrian ECB Governing Council member Robert Holzmann, one of the more hawkish voices, signaled that a 25bps cut is “probable” at the December meeting. While a larger, half-point cut isn’t “impossible”, it’s unlikely. Holzmann emphasized caution, saying, “I’m still concerned that inflation might prove stronger than expected,” reflecting his hesitation in moving too quickly toward […]

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