ECB's Holzmann calls for a pause in rate cuts until September amid trade tensions, FT reports; argues that further cuts at this point would have no effect on EZ economic activity.
- Views the neutral rate between 2.5% and 3.0%.
- Adds, a "number of people" among the ECB decision makers were also "sceptical" about additional rate cuts.
Analysis details (11:08)
- As a reminder, Holzmann is generally regarded as the most hawkish member of the ECB.
27 May 2025 - 11:03- Fixed IncomeImportant- Source: FT
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