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ECB's Holzmann: Rate cuts must wait for more tariff certainty
World FX news
Breaking news
ECB's Holzmann: Rate cuts must wait for more tariff certainty
New
2025.04.24 23:27
2025.04.24 23:27
2025.04.24 23:27
CNBC reported that European Central Bank (ECB) policymaker Robert Holzmann said that euro-zone interest rates should be held until more clarity emerges on the path of US tariffs and EU countermeasures.
Key Quotes
- Rate cuts must wait for more tariff certainty.
- There was a "broad consensus" around lowering rates, but some disagreement at the margins.
- It wasn't clear yet to what extent [tariff] countermeasures were being taken.
- There may be further cuts this year, but the number is still outstanding.
- While various scenarios remained possible with regard to prices and movement of rates, for the time being direction was downward.
Last updated
: 2025.04.24
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2025.04.25 00:37Disclaimer:
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