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August 16, 2025

ECB's rebel voice bows out with a plea

The European Central Bank's most rebellious rate-setter has one last suggestion before he departs this month: more transparency on policy decisions. Arch hawk Robert Holzmann, who's been comfortable delivering a lone 'no' vote on occasions during the ECB's easing push, wants outsiders to glean more of an understanding of officials' thinking as they calibrate borrowing costs.He'd like to see a version of the Federal Reserve's dot plot, under which policymakers anonymously provide their projections for rates. Alternatively, views diverging from the narrative presented by President Christine Lagarde could be summarized and released."When we start out, unanimity is a strong signal," Holzmann said in an interview before he cedes control of Austrian's central bank to former Economy Minister Mart

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