UK markets closed
  • FTSE 100

    7,476.63
    +4.46 (+0.06%)
     
  • FTSE 250

    18,916.00
    +91.99 (+0.49%)
     
  • AIM

    834.59
    +0.18 (+0.02%)
     
  • GBP/EUR

    1.1640
    +0.0057 (+0.49%)
     
  • GBP/USD

    1.2268
    +0.0030 (+0.25%)
     
  • BTC-GBP

    13,976.69
    -130.91 (-0.93%)
     
  • CMC Crypto 200

    403.45
    -2.79 (-0.69%)
     
  • S&P 500

    3,956.02
    -7.49 (-0.19%)
     
  • DOW

    33,656.64
    -124.84 (-0.37%)
     
  • CRUDE OIL

    71.62
    +0.16 (+0.22%)
     
  • GOLD FUTURES

    1,810.50
    +9.00 (+0.50%)
     
  • NIKKEI 225

    27,901.01
    +326.58 (+1.18%)
     
  • HANG SENG

    19,900.87
    +450.64 (+2.32%)
     
  • DAX

    14,370.72
    +106.16 (+0.74%)
     
  • CAC 40

    6,677.64
    +30.33 (+0.46%)
     

ECB's Holzmann backs 0.75 percentage point increase in December -FT

European Central Bank policymaker Holzmann attends a news conference in Vienna

(Reuters) - European Central Bank policymaker Robert Holzmann backed a third straight 0.75 percentage point rise in the deposit rate for the next rate-setting meeting in December, the Financial Times reported on Tuesday citing an interview with him.

Holzmann said that he does not "see signs of core inflation reducing" in the eurozone, according to the report, adding that he expected a "mild recession".

(Reporting by Akanksha Khushi in Bengaluru; Editing by Christopher Cushing)