Holzmann Says ECB Can’t Rush on Cuts, Still Sees Inflation Risks

European Central Bank Governing Council member Robert Holzmann warned against early interest-rate cuts after fresh data showed euro-area price growth slowed less than anticipated in February.

“We watched inflation data coming in from European and country level, and what we see is that they confirm my view that we have to wait, have to be attentive and cannot rush to a decision,” Holzmann said in Vienna on Friday. “What I’ve seen so far it confirms my view.”