Greg had the scuttlebutt on this earlier:
A spokesman for Holzmann confirmed the dissent, due to recent economic data:
- “Data-driven decisions should be data-driven decisions”
On May 28 Holzmann indicated he was in favour of a cut: “as things stand now, I would support a cut next week, but I will also warn that there should be no automaticity about further moves.” Inflation data on May 31 seems to have changed his mind.
ECBs Holzmann
