ECB’s Holzmann says leaning towards a 0.75% rate hike as things stand

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Updated: Nov 22, 2022, 10:22 UTC

VIENNA (Reuters) - European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote at the next rate-setting meeting in December but unless there is a significant improvement he will favour an increase of 0.75 points.

European Central Bank policymaker Holzmann attends a news conference in Vienna

VIENNA (Reuters) – European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote at the next rate-setting meeting in December but unless there is a significant improvement he will favour an increase of 0.75 points.

Holzmann told a news conference he could not decide between 0.5 points and 0.75 points but as things currently stood he preferred the latter.

(Reporting by Francois Murphy; Editing by Frank Jack Daniel)

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