ECB’s Holzmann: A rate cut is not a foregone conclusion for me at all

European Central Bank (ECB) policymaker Robert Holzmann said in a Politico interview on Monday, “a rate cut is not a foregone conclusion for me at all.”

Additional quotes

Latest data shows inflation well above 2% in December.

That will likely also be the case for January.

ECB risks hurting its credibility if it cuts rates when inflation rises faster than initially thought.

Market reaction

EUR/USD was last seen trading 0.28% higher on the day at 1.0312.