Finance
Pause in ECB rate cuts could last a while, policymaker Holzmann tells Austrian TV
Published by Global Banking & Finance Review®
Posted on June 9, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 9, 2025
1 min readLast updated: January 23, 2026
ECB's rate cuts pause might be prolonged unless economic data worsens, according to policymaker Holzmann. Further cuts could occur if conditions change.
VIENNA (Reuters) -The current pause in European Central Bank rate cuts could be long-lasting unless economic data worsens, in which case there could be further rate cuts this year, policymaker Robert Holzmann told Austrian broadcaster ORF on Monday.
"It could be that the pause lasts a while," he said when asked if there would be further rate cuts this year, adding each rate decision was based on the data available at that time. "If economic developments worsen, there could be further interest-rate cuts."
(Reporting by Francois Murphy; Editing by Chris Reese)
Policymaker Robert Holzmann indicated that the pause could last a while unless economic data worsens.
Holzmann mentioned that each rate decision is based on the data available at that time.
Yes, if economic developments indicate a need for it, there could be further rate cuts this year.
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