Home / Market Update / Forex Market / ECB’s Holzmann says leaning towards a 0.75% rate hike as things stand

ECB’s Holzmann says leaning towards a 0.75% rate hike as things stand

European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote at the next rate-setting meeting in December but unless there is a significant improvement he will favour an increase of 0.75 points.

Holzmann told a news conference he could not decide between 0.5 points and 0.75 points but as things currently stood he preferred the latter.

Check Also

German Industrial Production Surpasses Expectations in May Despite Recent Slowdowns

German industrial production showed a stronger-than-expected rebound in May, driven by the automotive sector and …