ECB’s Holzmann: It is possible for central bank to hike rates before ending bond purchases

Dhwani Mehta FXStreet

The European Central Bank (ECB) governing board member Robert Holzmann said in an interview with NNZ, “it is possible for ECB to hike rates before ending bond purchases.”

“The ECB could take a first interest rate step in the summer and a second at end-2022,” Holzmann added.

Market reaction

EUR/USD remains unperturbed by the hawkish comments from Holzmann. The spot was last seen trading at 1.1325, almost unchanged on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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