Dr Jan Wicke, CFO Talanx AG, on today's ECB meeting:
With capital markets already pricing in rapid interest rate cuts, the ECB is well advised to not prematurely declare victory in its fight against inflation. The ECB should continue to closely monitor inflation and growth dynamics and follow its data-dependent approach to monetary policy. It is good news that the quantitative easing still taking place through the PEPP will be gradually phased out beginning from the summer.
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