ECB’s Holzmann: I see a soft landing for Europe as guaranteed

• I see a soft landing for Europe as guaranteed.
• I’m not sure too much has changed in recent data.
• Market pricing of cuts is likely too aggressive.
• Some colleagues likely to push for big December cut.
• Current data don’t justify 50 bps in December.

This article was written by Giuseppe Dellamotta at www.forexlive.com.