ECB’s Holzmann cautions against expectations of 2024 rate cuts

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<p>ECB Governing Council member Robert Holzmann emphasized there should be no presumption of rate reductions in the coming year. Holzmann stated, “Even if the ECB is past an unprecedented series of ten consecutive rate increases, there is also for the year 2024 no guarantee of rate reductions.” Further reinforcing this cautious approach, Holzmann remarked on […]</p>
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