The European Central Bank, which cut interest rates on Thursday, is on track to get inflation under control but it is too early to tell what it will do at its December meeting, policymaker Robert Holzmann told Austria's ORF TV on Friday.

"Inflation in Austria as well as in Europe became lower than we had originally forecast. ... Given this sharp change, it was a good decision (on Thursday)," Holzmann, who heads the Austrian National Bank, told the national broadcaster.

Source: Reuters (Reporting by Francois Murphy; Editing by Leslie Adler)