6/30, 7:18 PM (Source: TeleTrader)
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ECB's Holzmann would've liked earlier rate hikes

European Central Bank Governing Council member Robert Holzmann (pictured) said on Thursday that he would have preferred that interest rate hikes in the Eurozone had been introduced earlier.

Speaking to Oberoesterreichische Nachrichten (OOeN), the governor of Oesterreichische Nationalbank, Austria's central bank, admitted that returning inflation to the ECB's target will take some time.

Yesterday, he noted that the ECB has a lot of room to increase interest rates.

Baha Breaking News (BBN) / MS