ECB board member Holzmann: Rate cut possible in December

ECB board member Holzmann said a December rate cut was possible but not certain. "From what we have seen so far, it is a possibility. There is no opposition at the moment, but that doesn't mean it will happen automatically," Holzmann said. The ECB has cut rates three times since June, and markets widely expect another one next month. Holzmann is one of the most hawkish officials and the only opponent of the initial rate cut. (Jinshi)