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European Central Bank Governing Council member Holzmann: The prudent approach is to keep the Interest Rate unchanged.

GoldenOctober2024

2025-08-06 04:04:49

Jin10 data August 6 news, European Central Bank Governor Holzmann stated: "At the last meeting, most of us unanimously agreed that monetary policy now needs to be primarily robust. After several rate cuts, we are currently at an expansionary level. For Europe and even globally, the neutral interest rate is likely to rise again, so our prudent approach is to maintain interest rates unchanged, waiting for further economic developments, rather than trying to meet market expectations. We are not currently in a tightening phase and should not react solely to short-term developments."

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