ECB meeting in January – Commentary by Dr Jan Wicke

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

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

It was to be expected that the ECB would not cut interest rates at its first meeting of the year. It is still too early for that. The ECB should continue to closely monitor how macro data and wages develop and discuss possible interest rate cuts from the second quarter at the earliest, as soon as the relevant indicators are available.

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