Economics

ECB’s Holzmann Eyes Two Hikes This Year to Boost Policy Room

  • Holzmann says euro zone ‘far away’ from stagflation scenario
  • Ex-Bundesbank chief Weber says ECB should raise rates now

Robert Holzmann

Photographer: Roni Rekomaa/Bloomberg
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The European Central Bank should raise interest rates twice this year to increase its room to maneuver should inflation outstrip projections, Governing Council member Robert Holzmann told the Boersen Zeitung newspaper.