ECB’s Holzmann backs 75 bps rate hike in December – FT

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ECB’s Holzmann backs 75 bps rate hike in December – FT

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    In an interview with the Financial Times (FT) on Tuesday, European Central Bank (ECB) policymaker Robert Holzmann supported calls for a third straight 75 basis points (bps) rate increase for the December monetary policy meeting.

    “Do not “see signs of core inflation reducing” in the Eurozone.”

    “Expect a mild recession.”

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