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 2025 | 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. Atlanta Fed GDPNow. The value of the indicator has decreased from 4.3% to 3.8%
Today at 3:29 PM
United States. Real Consumer Spending. The value of the indicator has decreased from 1.6% to 1.4%
Today at 12:31 PM
United States. PCE price index (YoY). The value of the indicator has increased from 3.5% to 3.8%
Today at 12:31 PM
United States. PCE Price Index (MoM). The value of the indicator has decreased from 0.7% to 0.4%
Today at 12:31 PM
United States. Core PCE Price Index (MoM). The value of the indicator has decreased from 0.3% to 0.2%
Today at 12:30 PM
Top news
United States. PCE price index (YoY). The value of the indicator has increased from 3.5% to 3.8%
Today at 12:31 PM
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 3.2% to 3.3%
Today at 12:30 PM
United States. GDP (QoQ). The value of the indicator has decreased from 2% to 1.6%
Today at 12:30 PM
European Union. Manufacturing PMI. The value of the indicator has decreased from 52.2 to 51.4
21 May
European Union. CPI (MoM). The value of the indicator remained at the same level of 1%
20 May
All news

Forecasts

Gold sell
Period: 28.06.2026 Expectation: 400 pips
Selling gold upon breaking below support
Indicators and reports FA Other Chart analysis Hot news
Today at 12:11 PM 32
Sinclair_John
USDJPY buy
Period: 31.08.2026 Expectation: 5000 pips
Invest in USDJPY from 155.00
TA Other FA Other
Today at 11:49 AM 24
McCarthy_Raymond
ETHUSD buy
Period: 04.06.2026 Expectation: 31500 pips
Buying Ethereum with $2,300 target if key $2,000 support holds
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 10:03 AM 20
Lyra_Moonwell1
S&P 500 buy
Period: 11.06.2026 Expectation: 200 pips
Invest in SPX with 7,700 in sight
Indicators and reports FA Other Chart analysis Hot news
Today at 09:41 AM 12
Reed_Marcus
USDJPY sell
Period: 04.06.2026 Expectation: 1750 pips
Selling USDJPY with 157.95 target in anticipation of another BoJ intervention
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
Today at 06:18 AM 21
Emily_Foster
EURUSD sell
Period: 27.06.2026 Expectation: 1440 pips
Selling EURUSD down to 1.15000
Wave analysis Indicators and reports FA Other Hot news
Yesterday at 11:13 AM 29
Reed_Marcus
Go to forecasts