ECB's Holzmann: Price lower should await extra tariff certainty:
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- Price cuts should await extra tariff certainty.
- There was a broad consensus round reducing charges, however some disagreement on the margins.
- It wasn’t clear but to what extent tariff countermeasures have been being taken.
- There could also be additional cuts this 12 months, however the quantity remains to be excellent
- Says that whereas varied situations remained potential with regard to costs and motion of charges, in the intervening time route was a downward
This text was written by Emma Wang at www.ubaidahsan.com.
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