ECB’s Holzmann: The choice was between hawkish 50 bps or dovish 75 bps rate hike

European Central Bank (ECB) policymaker Robert Holzmann said on Friday that “the choice was between hawkish 50 basis points (bps) or dovish 75 bps rate hike.”

Additional quotes

“ECB to go deep into restrictive territory if needed.”

“Does not want to say where the terminal rate is.”