Central Banks

ECB’s Holzmann Sees No Reason for ‘Leniency’ in Inflation Fight

  • Austrian official wants 75 bps increase debated as prices jump
  • ECB policy makers to determine size of their next move Sept. 8

Robert Holzmann

Photographer: Roni Rekomaa/Bloomberg
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The European Central Bank shouldn’t let up in its battle with record inflation, even as the risk of a euro-zone recession grows, according to Governing Council member Robert Holzmann.