European Central Bank Executive Board Member Holzmann: Rate Cut Possible in December

BlockBeats News, November 10th, European Central Bank board member Holzmann stated that a rate cut in December is possible, but by no means certain. "From the current situation, this possibility exists. There are currently no objections, but that does not mean it will happen automatically," said Holzmann. Since June, the European Central Bank has cut rates three times, and the market generally expects another cut next month. Holzmann is one of the most hawkish officials and was the only dissenter in the initial rate cut. (FXStreet)