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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
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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.