Skip to content
Markets
Economics

Half-Point ECB Hike Needed After Inflation Record, Holzmann Says

  • ‘Decisive action’ now would avoid need for tougher steps later
  • Austrian official says ‘clear’ rate signal would support euro
Robert Holzmann

Robert Holzmann

Photographer: Roni Rekomaa/Bloomberg
By

Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The latest all-time high for euro-zone inflation strengthens the case for the European Central Bank to lift interest rates by a half-point in July, according to Governing Council member Robert Holzmann.