ECB meeting in April 2024 – Commentary by Dr Jan Wicke

The ECB left interest rates unchanged at the ECB meeting in April. Dr Jan Wicke, CFO Talanx AG, comments on the interest rate decision.

Dr Jan Wicke, CFO Talanx AG, on today's ECB meeting:

As broadly expected, the ECB has decided against a rate cut today – the correct decision in my view. Until its next meeting in June, the ECB will have the latest inflation and wage data as well as new projections available for a data-dependent decision. It looks as if then will be the right time for the first rate cut.

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