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ECB may be preparing for rate cut: Holzmann

Published 03/08/2024, 04:35 AM
Updated 03/08/2024, 04:41 AM
© Reuters. FILE PHOTO: European Central Bank policymaker and Governor of the Austrian National Bank Robert Holzmann addresses the media in Vienna, Austria, March 23, 2023. REUTERS/Leonhard Foeger/FILE PHOTO

© Reuters. FILE PHOTO: European Central Bank policymaker and Governor of the Austrian National Bank Robert Holzmann addresses the media in Vienna, Austria, March 23, 2023. REUTERS/Leonhard Foeger/FILE PHOTO

FRANKFURT (Reuters) - The European Central Bank may be preparing to cut interest rates even after holding them at record highs on Thursday, Austrian central bank governor Robert Holzmann told a conference on Friday.

"One of the decision yesterday was no change but a change may be in preparation," said Holzmann, an outspoken conservative who has long warned about premature easing.

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