VIENNA — It is "conceivable" that the European Central Bank (ECB) will cut interest rates by 25 basis points (bps) at its next rate-setting meeting this month but not more, ECB policymaker Robert Holzmann said in a newspaper interview published on Wednesday.

Investors expect the ECB to cut interest rates at every one of its upcoming meetings at least through next June and the 3.25-percent deposit rate is now expected to end 2025 at 1.75 percent, a level low enough in the view of many economists to start stimulating growth.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details