Reported about 1 month ago
Robert Holzmann, a member of the European Central Bank's Governing Council, indicated that a 25 basis points rate cut is likely in December, despite ongoing inflation risks. He suggested the possibility of a larger cut or a pause but emphasized that reducing rates is necessary as inflation pressures are not fully resolved. Most policymakers are leaning towards lowering rates further after recent cuts and noted that inflation is currently under the ECB's target.
Source: YAHOO