ECB’s Holzmann: Modest rate cut possible next week, not more

Austrian ECB Governing Council member Robert Holzmann indicated in an interview with Austria’s Oberösterreichische Nachrichten newspaper that a rate cut at next week’s meeting is possible, but ruled out a significant reduction. He stated that while the likelihood of a reduction “isn’t zero,” the cut would be “moderate, not very strong,” as current data do […]

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