ECB’s Holzmann: It is possible for central bank to hike rates before ending bond purchases

Market news

23 February 2022

ECB’s Holzmann: It is possible for central bank to hike rates before ending bond purchases

The European Central Bank (ECB) governing board member Robert Holzmann said in an interview with NNZ, “it is possible for ECB to hike rates before ending bond purchases.”

“The ECB could take a first interest rate step in the summer and a second at end-2022,” Holzmann added.

Market reaction

EUR/USD remains unperturbed by the hawkish comments from Holzmann. The spot was last seen trading at 1.1325, almost unchanged on the day.

Currencies. Daily history for Wednesday, February 23, 2022

Commodities. Daily history for Tuesday, February 22, 2022

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