Free Trial

ECB: Holzman Continues To Argue For Cautious Easing

ECB

Unsurprising rhetoric from ECB hawk Holzmann this morning, speaking at a Euromoney conference in Vienna:

  • "ECB'S HOLZMANN: DON'T THINK WE CAN LOWER RATES TOO QUICKLY, CORE INFLATION IS STILL CLOSER TO 3% THAN 2%" RTRS
  • "*ECB'S HOLZMANN: HAVE A LOT OF CHALLENGES ON ENERGY" bbg
  • "*ECB'S HOLZMANN: HOPE TO MEET 2% INFLATION TARGET BY YEAR-END" bbg

Holzmann expressed some concerns around energy prices in an interview with Kurier on Dec 28: “It could be the case that we take more time before lowering rates again,”...“It’s true, some energy prices are trending upwards again. But there are also other scenarios for how inflation could return, such as a stronger depreciation of the euro.”

108 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Unsurprising rhetoric from ECB hawk Holzmann this morning, speaking at a Euromoney conference in Vienna:

  • "ECB'S HOLZMANN: DON'T THINK WE CAN LOWER RATES TOO QUICKLY, CORE INFLATION IS STILL CLOSER TO 3% THAN 2%" RTRS
  • "*ECB'S HOLZMANN: HAVE A LOT OF CHALLENGES ON ENERGY" bbg
  • "*ECB'S HOLZMANN: HOPE TO MEET 2% INFLATION TARGET BY YEAR-END" bbg

Holzmann expressed some concerns around energy prices in an interview with Kurier on Dec 28: “It could be the case that we take more time before lowering rates again,”...“It’s true, some energy prices are trending upwards again. But there are also other scenarios for how inflation could return, such as a stronger depreciation of the euro.”