European Central Bank's Robert Holzmann Considers June Rate Cut Contingent on Data

Wednesday, 3 April 2024, 05:34

ECB policymaker Robert Holzmann expressed openness to a June rate cut pending supportive data in a recent Reuters interview. He emphasized the importance of aligning rate cuts with data and expressed concerns about diminishing the impact of policy easing if out of sync with the Fed.

https://store.livarava.com/156f67cb-f1c1-11ee-894d-87cc5c87fb08.jpg — European Central Bank's Robert Holzmann Considers June Rate Cut Contingent on Data

ECB's Holzmann on June Rate Cut

European Central Bank (ECB) policymaker Robert Holzmann discussed his stance on a prospective June rate cut in a recent Reuters interview. He reiterated his willingness pending more supportive data.

Additional Quotes:

Cutting rates out of sync with the Fed would diminish impact of policy easing.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.