[ECB Governing Council Member: If the Euro Strengthens, the ECB May Need to Cut Rates Again] Jin10 Data, January 28 – ECB Governing Council Member and Austrian Central Bank Governor Holzmann stated on Wednesday that if the euro appreciates further and begins to exert pressure on the ECB's inflation outlook, the ECB may need to consider cutting rates again. He said: 'If the euro appreciates further, at some point, this will certainly create a certain necessity to respond in terms of monetary policy.'