Economy

ECB’s Holzmann says leaning towards a 0.75% rate hike as things stand


FILE PHOTO: European Central Bank policymaker and Austrian National Bank (OeNB) Governor Robert Holzmann attends a news conference in Vienna, Austria December 2, 2019. REUTERS/Leonhard Foeger

VIENNA (Reuters) – European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote at the next rate-setting meeting in December but unless there is a significant improvement he will favour an increase of 0.75 points.

Holzmann told a news conference he could not decide between 0.5 points and 0.75 points but as things currently stood he preferred the latter.

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