More on the reported "ECB will probably have to do more in May" comments from Holzmann<p>You may have missed the headlines from head of the Austrian National Bank Robert Holzmann, which were, in brief:</p><ul><li>We (the European Central Bank) will probably have to do more in May on rates</li></ul><p>I am not sure where Holzmann was speaking. </p><p>The Austrian National Bank (OeNB) did present its financial statements and Annual Report 2022 overnight (March 23 Europe time). Holzmann made some points on ECB policy, <a href="https://www.forexlive.com/terms/i/inflation/" class="terms__main-term" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa">inflation</a> and stability in these</p><ul><li>Looking ahead, it is reassuring to note that both <a href="https://www.forexlive.com/terms/c/crude-oil/" class="terms__secondary-term" id="e1f1b115-23d2-48c8-98c8-24024dada457">crude oil</a> and gas prices are already past their peak. Overall, the OeNB therefore expects HICP inflation in Austria to decline from 8.6% in 2022 to 6.8% in 2023.</li></ul><p><a href="https://www.oenb.at/en/Media/Press-Archives/2023/20230323.html" target="_blank" rel="nofollow">More here i</a>f you are interested. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: More on the reported "ECB will probably have to do more in May" comments from Holzmann (https://www.forexlive.com/centralbank/more-on-the-reported-ecb-will-probably-have-to-do-more-in-may-comments-from-holzmann-20230323/https://www.forexlive.com/centralbank/more-on-the-reported-ecb-will-probably-have-to-do-more-in-may-comments-from-holzmann-20230323/)
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