ECB's Holzmann Suggests December Rate Cut Possible

Reported 14 days ago

European Central Bank policymaker Robert Holzmann mentioned that, as it stands now, there is no reason not to cut interest rates in December, but the final decision will depend on upcoming economic data. Holzmann noted the decision will take into consideration the most recent forecasts available in December, despite the ECB already having reduced rates three times this year.

Source: YAHOO

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