ECB’s Holzmann says central bank’s new policy guidance was a ‘step too far’

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Another member of the European Central Bank has expressed “reservations” about the latest policy statement made by the Frankfurt-based institution, further highlighting the division within the central bank. “I had, like Mr. Weidmann and Mr. Wunsch reservations with the proposal,” Robert Holzmann, governor of the Austrian Central Bank and a hawkish member of the ECB’s Governing Council, told CNBC’s “Street Signs Europe” Tuesday, mentioning his German and Belgian colleagues. His words follow last week’s ...