ECB may delay next rate cut due to inflation exceeding 2% target, Holzmann says.

ECB official Robert Holzmann said the bank may delay its next interest rate cut due to rising inflation, which hit 2.2% in November, exceeding the ECB's 2% target. This delay would allow the bank to assess the impact of previous rate cuts on the economy. Holzmann noted that inflation could also be affected by changes in the euro's value, but there are no current signs of interest rate hikes.

3 months ago
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