Holzmann of ECB Supports Maintaining Rates in April Due to Inflation Risks

European Central Bank policymaker, Robert Holzmann, supports maintaining current interest rates next month due to concerns about potential inflation resulting from increased trade tariffs and government spending. Holzmann, who opposed the recent rate reduction, is hopeful that more colleagues on the Governing Council will support his stance at the upcoming April 17 meeting. He mentioned in an interview with Der Platow Brief, "I am in favour of a possible interest rate pause in April." Holzmann acknowledged the possibility of lowering rates again in the summer or raising them if economic conditions, particularly in Germany, lead to higher inflation. He emphasized that monetary policy might have to be adjusted accordingly, and mentioned that his term ends in August.