VIENNA (Reuters) -The current pause in European Central Bank rate cuts could be long-lasting unless economic data worsens, in which case there could be further rate cuts this year, policymaker Robert
Pause in ECB rate cuts could last a while, policymaker Holzmann tells Austria...
VIENNA (Reuters) -The current pause in European Central Bank rate cuts could be long-lasting unless economic data worsens, in which case there could be further rate cuts this year, policymaker Robert Holzmann told Austrian broadcaster ORF on Monday.
"It could be that the pause lasts a while," he said when asked if there would be further rate cuts this year, adding each rate decision was based on the data available at that time. "If economic developments worsen, there could be further interest-rate cuts."
(Reporting by Francois Murphy; Editing by Chris Reese)
