Yesterday at 10:27 AM | Euro

ECB's Holzmann advocates for rate cut pause until autumn amid inflation caution

ECB's Holzmann advocates for rate cut pause until autumn amid inflation caution

ECB Governing Council member Robert Holzmann has called for a halt to further monetary easing until autumn, arguing that the eurozone should keep its current interest rate on hold to safeguard against resurgent inflation. The hawkish policymaker said that patience is prudent, as the Consumer Price Index is now at the 2% target. Premature easing could undo the regulator’s progress if such pressures reemerge. 

Speaking live with Austria’s broadcaster ORF, Holzmann noted that the ECB maintains absolute dependence on economic dataflows for monetary decisions. Any significant GDP slowdown would prompt immediate dovish action on the regulator’s side, he commented. 

In its latest policy move, the Governing Council implemented the widely anticipated 25-basis-point cut, bringing the key deposit rate down to 2%. The decision comes as Christine Lagarde indicated the eurozone's monetary easing cycle is entering its final stages, marking a pivotal shift in post-pandemic inflation management.

Anton Volkov MarketCheese
Period: 20.06.2025 Expectation: 1430 pips
USDCAD may rise amid trade conflicts resolution
Today at 11:19 AM 31
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Period: 17.06.2025 Expectation: 1500 pips
New round of US inflation growth to push EURUSD down to 1.13 level
Today at 08:27 AM 17
Period: 18.06.2025 Expectation: 47000 pips
Selling bitcoin targeting 104,000 as it approaches its all-time high
Yesterday at 11:09 AM 55
Period: 16.06.2025 Expectation: 2200 pips
Tesla shares recover as Trump and Musk feud eases
Yesterday at 09:54 AM 53
Period: 30.06.2025 Expectation: 1800 pips
Silver to continue growth despite short-term correction
09 June 2025 128
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Gold sell
Period: 13.06.2025 Expectation: 4000 pips
Gold to fall to six-month trend line at 3,280
09 June 2025 171
Go to forecasts