(Reuters) – The European Central Bank (ECB) will probably cut interest rates by a quarter-point in December, Bloomberg News reported on Thursday in an interview with ECB policymaker Robert Holzmann.
“I’d say a quarter-point step is probable in December,” Holzmann told Bloomberg.
“A bigger half-point cut is unlikely though not impossible. But we might also conclude that preemptively cutting in October might have been sufficient to take a break in December,” Bloomberg reported Holzmann saying.
(Reporting by Pretish M J in Bengaluru; Editing by Christian Schmollinger)
