Reported 14 days ago
Robert Holzmann, a member of the European Central Bank, stated in an interview that a rate cut in December is a possibility, although not guaranteed. He noted that there are no current factors against it, but emphasized it may not be automatic. The ECB has already reduced rates three times since June, and further cuts are anticipated. Holzmann also commented on global trade dynamics in light of Trump's presidency, warning of potential negative consequences for countries like Austria that rely heavily on exports.
Source: YAHOO