Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
10 July | Euro

ECB’s Holzmann sees no need for further rate cuts

EURJPY
EURGBP
EURUSD
EURAUD
EURCAD
ECB’s Holzmann sees no need for further rate cuts

Robert Holzmann, a member of the European Central Bank’s (ECB) Governing Council, stated that no further monetary easing is needed in the region, as current borrowing costs are already providing stimulus to the economy of the bloc.

After eight rate cuts since June 2024, the ECB is expected to hold rates steady at its July meeting. Holzmann’s term expires in August, Bloomberg reports.

The ECB official stated that if inflation continues to drop, the central bank will have to take decisive action. In that scenario, rate cuts, not asset purchases, would be the appropriate response. The eurozone central bank’s next moves will depend on US trade policies.

Elena Berseneva MarketCheese

Recommended

United States. CB Employment Trends Index. The value of the indicator has decreased from 107.13 to 106.41
Yesterday at 2:01 PM
Germany. Germany Trade Balance. The value of the indicator has decreased from €15.4B to €14.7B
Yesterday at 6:01 AM
Australia. CFTC AUD speculative net positions. The value of the indicator has increased from -100.6K to -82.7K
5 September
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has decreased from -31.4K to -33.1K
5 September
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from -105K to -109K
5 September
Top news
United States. Nonfarm Payrolls. The value of the indicator has decreased from 79K to 22K
5 September
United States. Unemployment Rate. The value of the indicator has increased from 4.2% to 4.3%
5 September
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.1%
5 September
United States. Trade Balance. The value of the indicator has decreased from $-59.1B to $-78.3B
4 September
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.6% to -0.5%
4 September
All news

Forecasts

GBPUSD buy
Period: 31.10.2025 Expectation: 2500 pips
Buying GBPUSD as Bank of England signals slower rate cuts
FA Other Chart analysis
Today at 09:57 AM 30
McCarthy_Raymond
BTCUSD sell
Period: 19.09.2025 Expectation: 4500 pips
Uptrend breakdown limits Bitcoin’s potential to recover
FA Other Indicators Chart analysis
Today at 09:04 AM 39
John_Bullard
NVIDIA Corporation buy
Period: 31.12.2025 Expectation: 3200 pips
Buying NVIDIA shares from technical support at $153.0
FA Other Chart analysis
Today at 06:06 AM 11
Bruce_Powers
Gold buy
Period: 15.09.2025 Expectation: 18000 pips
Gold targets $3,700 amid Fed rate cut expectations and rising central bank demand
FA Other Indicators and reports Technical analysis Indicators Fundamental analysis
Yesterday at 10:58 AM 220
Emily_Foster
AUDUSD buy
Period: 30.11.2025 Expectation: 580 pips
Buying AUDUSD on Australian GDP growth and RBA rate hold prospects
FA Other Chart analysis
Yesterday at 09:31 AM 179
Bruce_Powers
S&P 500 sell
Period: 17.09.2025 Expectation: 1000 pips
US inflation data could trigger S&P 500 pullback to $6,430
Indicators Chart analysis Hot news
Yesterday at 09:22 AM 167
Tom_Kern
Go to forecasts