ECB Holzmann
Comments from Austrian ECB official Robert Holzmann via Econostream:
- What I see at the moment is that the disinflation process is indeed underway
- There will be no automaticity on further moves after June
- Each cut that follows will need its own justification
- In Sept and in Dec we will have new information and we will have to make a new decision
That sounds like he's ruling out a process of cutting at every meeting but will go where the data says.
