ECB’s Holzmann: A rate cut is not a foregone conclusion for me at all
European Central Bank (ECB) policymaker Robert Holzmann acknowledged in a Politico interview on Monday, “a fee slash is now not a foregone conclusion for me in any admire.”
Extra quotes
Latest data presentations inflation effectively above 2% in December.
That might perchance seemingly additionally be the case for January.
ECB risks hurting its credibility if it cuts rates when inflation rises faster than within the birth notion.
Market response
EUR/USD used to be closing seen trading 0.28% better on the day at 1.0312.
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