ECB interest rate message
European Central Bank Governing Council member Robert Holzmann has made a statement regarding interest rates. Holzmann indicated that the Fed's interest rate decisions could also be influential.
European Central Bank (ECB) Governing Council member Robert Holzmann warned against hasty interest rate decisions in an interview.
Holzmann, who is also the Governor of the Austrian National Bank, stated that there is no reason to raise interest rates rapidly, saying, "If the first step is taken in June, more will follow. However, I see no reason for a very rapid and strong interest rate cut."
The ECB is expected to cut interest rates by 25 basis points at its meeting on June 6. With this decision, the bank will diverge from the Fed on interest rates. The Fed is not expected to change interest rates for some time.
Holzmann also expressed that their decisions could be influenced to some extent by the Fed.
News Source: 12punto
Most Read
Striking picture for Özgür Özel's 'New Party'
The PKK opening and Özgür Özel’s path!..
How did the newspapers view Özgür Özel's farewell to the CHP?
He killed his wife by slitting her throat: Their children witnessed the moments
What did the CHP do?
Özel’s new party move in the world press
Fire at TUSAŞ engine factory in Eskişehir under control
The New CHP, against CEHAPE
From self-efficacy to despair
Kılıçdaroğlu's first message on Özgür Özel's new party announcement