Sage Investment Club

ECB's Holzmann: I expect multiple rate hikes of 50 basis point at least in the 1H of 2023

<p>ECBs Holzmann is speaking to Austrian newspaper Die Presse and says:</p><ul><li>I expect multiple rate hikes of 50 basis points, at least in the 1H of 2023</li><li>Core inflation is above 5%, which is 2 1/2 times our target</li><li>there could be rate hikes if headline inflation has fallen significantly, but core inflation has not.</li><li>I am reluctant to […]