ECB's Holzmann calls current monetary policy 'wrong', hopes for new course under Lagarde

Author: Eamonn Sheridan | Category: Central Banks

Austrian National Bank Governor Robert Holzmann assisting Draghi's ass out the door with a swift kick.

Speaking in an interview over the weekend with Austrian broadcaster ORF.
  • "My statement is that the current monetary policy... is wrong and that a different policy is needed in the future" 
  • "Christine Lagarde is a very good politician. She has also been able to balance different opinions at the International Monetary Fund" 
  • "I am convinced that she has heard the dissenting voices, that she will take them seriously and will try to find a new approach here."
Reuters and Bloomberg both have more.

I wonder if Holzmann is going to be disappointed? What is they say?

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