Wednesday , 22 January 2025
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ECB’s Holzmann says it would be better to wait a bit longer on rate cuts

The market is fully priced for a 25 bps rate cut next week with another cut nearly fully priced in for March. Holzmann is a hawk, so these comments aren’t a surprise, but they’re not market moving. He said inflation gauges are still very strong and a danger of cutting rates and then having to hike again.

This article was written by Adam Button at www.forexlive.com.

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