ECB Holzmann says the Bank will take the economy into consideration when hiking rates

Holzmann is head of the Austrian National Bank and thus on the European Central Bank policy-setting board.

He spoke in an interview over the weekend with Austrian broadcaster ORF.

Headlines via Reuters:

  • "The economy will grow less strongly, the forecasts point in this direction, that has made us somewhat cautious,"
  • "We will see in the autumn what the economic situation is. Then we can probably decide if we do another 0.5% or less."
  • ECB is keen to prevent higher inflation expectations becoming entrenched among the general public
Robert Holzmann is noob Austrian National Bank Governor and looks like he is already setting himself

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