Amidst global economic pressures, Hungary is being cautioned against cutting the EU's highest interest rates too quickly, while traders anticipate the European Central Bank (ECB) to lower interest rates significantly. Contrary to these expectations, ECB Governing Council member Robert Holzmann has stated that it's premature to expect a rate cut, even by the second quarter of 2024. Furthermore, Holzmann has warned that the ECB still can't call an end to rate hikes.
The ECB won’t cut interest rates anytime soon, Governing Council member Robert Holzmann said, adding that market expectations for a reduction are premature https://t.co/Od22naj2SB
💡 ECB’s Holzmann: Second Quarter of 2024 ‘a Bit Soon’ to Expect a First Rate Cut - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/hFtfCuHfk9 https://t.co/6GTN24fE2T
ECB WON'T CUT INTEREST RATES IN 2Q, HOLZMANN SAYS
The ECB won’t cut interest rates anytime soon, Governing Council member Robert Holzmann said, adding that market expectations for a reduction are premature https://t.co/7v6GBJNiSO
🇪🇺 A new ECB story just out from @EconoStream. The gist of the story is: ECB’s Holzmann: Second Quarter of 2024 ‘a Bit Soon’ to Expect a First Rate Cut - Holzmann: Don’t want markets to think there won’t be another rate hike - Holzmann: Hope rate hikes over, but ‘also… https://t.co/aKFFJkJbNw
🔴 ECB'S HOLZMANN: THE ECB STILL CAN'T CALL END TO RATE HIKES.
🔴 ECB'S HOLZMANN: THE ECB WON'T CUT INTEREST RATES IN 2Q.
Traders are convinced that the ECB will sharply lower interest rates to cushion the economy from a severe slowdown https://t.co/jr5iNKvIiI
Traders are convinced that the ECB will sharply lower interest rates to cushion the economy from a severe slowdown https://t.co/iDePdQeu6X
Traders are convinced that the ECB will sharply lower interest rates to cushion the economy from a severe slowdown https://t.co/ZIJJR4WSea
💡 ECB’s Holzmann: ‘Please Don’t Think That This Is the Last Rate Hike and There Won’t Be Any More’ - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/7kiaR8jiGp
Hungary should avoid hastily cutting the EU's highest interest rates, a senior central bank official warns, following government pressure on policy makers to help boost growth https://t.co/KFzCKGrARw