European Central Bank council member Robert Holzmann stated that the belief that the ECB's interest rate cuts are solely for the purpose of boosting the economy is incorrect. "Boosting the economy is not the responsibility of the ECB; the mission of the central bank is to stabilize prices," he said in an interview on Friday evening. "Boosting the economy through interest rate cuts is contrary to our position." Holzmann is one of the most hawkish central bank officials. According to informed sources, the central bank plans to cut interest rates by another 25 basis points in January, and possibly again in March.
欧洲央行鹰派官员Holzmann：提振经济不是央行的职责
European Central Bank hawkish official Holzmann: Boosting the economy is not the central bank's responsibility.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
