ECB Holzman: Unclear if we are at peak rate levels

<p>ECBs Holzman is speaking and says that:</p><ul><li>It is unclear whether we're at peakrates yet</li><li>Cannot exclude further rate hikes</li><li>Upside inflation risks are still out there</li><li>happy afraid to stay high with the economy strong</li><li>Economy could yet surprise on the upside</li><li>Persistence of underlying inflation very high</li><li>Monetary policy is working</li><li>Hopefully we can discuss PEPP 's own, ECB should consider reducing</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.