ECB member Holzman says I have no objection in principle to an interest rate cut in June

Central Bank member Robert Holzman spoke this morning and said:

- He has no objection in principle to lowering interest rates in June.

- But he also adds that he wants to see more supporting data.

- He also added that lowering interest rates asynchronously with the Fed would reduce the impact of policy easing by the bank.

- With the weak productivity of the eurozone, the deposit interest rate of 3.0% may be too tight in the long run.

- He also said that it is possible that inflation will be better than the bank currently expects.