European Central Bank's Holzmann says rate cuts must wait for more tariff certainty

ECB’s Vujcic Says Current Tariffs Not Worst Scenario for Europe

European Central Bank Governing Council member Boris Vujcic said the current configuration of US tariffs isn’t the most detrimental for euro-zone growth — striking a more upbeat tone on the outlook than some of his colleagues.

European Central Bank's Holzmann says rate cuts must wait for more tariff certainty

"Before looking at data in detail, the question is, what kind of political decisions will be taken?"

ECB | The first year of the Eurosystem’s new operational framework | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources The first year of the Eurosystem’s new operational framework

Blog post by By Benjamin Hartung, Tobias Linzert, Imène Rahmouni-Rousseau, Yannik Schneider and Marta Skrzypińska | One year after its announcement, the new operational framework is working as intended. Euro area banks have adapted to declining central bank reserves as the Eurosystem’s balance sheet is normalising. The ECB Blog assesses how banks and money markets cope with the new environment. The normalisation of monetary policy over recent y…

"We have not seen this uncertainty for years... unless uncertainty diminishes, with the right decisions, we will have to retain several of our decisions and, therefore, we do not yet know in which direction monetary policy should move best," he said during an interview at 'CNBC'. The ECB decided on 17 April to lower the rates by 25 basis points, the seventh of its current monetary easing cycle and the sixth consecutive after cutting the price of…

ECB's Holzmann: Rate cut must wait for more tariff certainty:

ECBs Holzmann cautious

ECB’s Holzmann: Rate cuts must wait for more tariff certainty

CNBC reported that European Central Bank (ECB) policymaker Robert Holzmann said that Eurozone interest rates should be held until more clarity emerges on the path of United States (US) tariffs and European Union (EU) countermeasures.