January 14, 2025 08:38 GMT
ECB: Holzman Continues To Argue For Cautious Easing
ECB
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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.”
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