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ECB’s Holzmann signals December rate cut, but awaits new forecasts for final decision

Austrian ECB Governing Council member Robert Holzmann indicated that a rate cut in December is “possible”. “There is nothing at the moment that would argue against that”, he added.

But he alos emphasized that “does not mean it will automatically happen”. He emphasized the importance of ECB’s upcoming forecasts and data, which will inform the final decision in December.

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