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ECB'S HOLZMANN: I WAS THE ONLY ONE AGAINST A RATE CUT

Wulan Viana
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European Central Bank (ECB) policymaker Robert Holzmann commented on being the only dissenter at the June monetary policy meeting.

Key quotes

I was the only one against a rate cut.

Seeing it as a hawkish cut suggests that we will act more cautiously moving forward.

See little risk of a second wave of inflation.

But inflation is stickier than expected.

Hopefully the future will be data-driven.


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