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ECB'S HOLZMANN: NO REASON TO CUT KEY INTEREST RATES TOO QUICKLY AND TOO STRONGLY

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European Central Bank (ECB) policymaker Robert Holzmann said on Wednesday that he doesn't see a reason to cut key interest rates "too quickly or too strongly," per Reuters.

Meanwhile, ECB policymaker <wbr>Pierre Wunsch argued that costs of keeping a too tight policy for too long seem to outweigh the cost of easing prematurely. "There is room to cut 50 basis points but when will depend on data," Wunsch added.


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