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- ECB’s Holzmann: It is possible for central bank to hike rates before ending bond purchases
ECB’s Holzmann: It is possible for central bank to hike rates before ending bond purchases
The European Central Bank (ECB) governing board member Robert Holzmann said in an interview with NNZ, “it is possible for ECB to hike rates before ending bond purchases.”
“The ECB could take a first interest rate step in the summer and a second at end-2022,” Holzmann added.
Market reaction
EUR/USD remains unperturbed by the hawkish comments from Holzmann. The spot was last seen trading at 1.1325, almost unchanged on the day.
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