European Central Bank (ECB) Governing Council member Robert Holzmann said on Sunday that a December interest rate cut is a possibility but by no means guaranteed, per Bloomberg.
Key quotes
"As things look at the moment, it is possible (that there will be a cut in December). There is nothing at the moment that would argue against that but that does not mean it will automatically happen.”
"We do not have the latest forecasts and data. We will receive those in December. We will decide on that basis, yes or no.”
"It can be assumed that Trump will implement his plans to introduce tariffs - high against China, not quite as high against other parts of the world and Europe, but still significant.”
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