ECB's Holzmann says the European Central Bank may cut rates ahead of the US
==========

Robert Holzmann, Governor of Austria's central bank and a European Central Bank Governing Council member, stated that the European Central Bank (ECB) may cut interest rates before the US. He mentioned that interest rate cuts are likely to come depending on wage and price developments by June. Holzmann highlighted that the European economy is growing more slowly than the US and is closely monitoring wage developments in the eurozone, as lower wages would provide more room to cut rates.

#Ecb #InterestRates #RobertHolzmann #EuropeanEconomy #WageDevelopments

https://www.forexlive.com/centralbank/ecbs-holzmann-says-the-european-centralbank-may-cut-rates-ahead-of-the-us-20240331/