Radiocor News

Middle East tensions biggest threat to rate cuts - Holzmann

Comments follow ECB's Lagarde remarks on major shocks (Il Sole 24 Ore Radiocor) - New York, 17 Apr - Middle East tensions pose the biggest threat to a prospective interest rate cut from the European Central Bank, ECB policymaker Robert Holzmann told CNBC.

'At this stage, I think the biggest threat is geopolitics, because we have seen what's happened in the Middle East,' Holzmann told CNBC.

His comments come a day after ECB President Christine Lagarde told CNBC the central bank remains on course to cut interest rates in the near term, "subject to any major shocks".

AAA-Sje

(RADIOCOR) 17-04-24 16:47:54 (0545) 5 NNNN

 


The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.


You will be redirected in five seconds.