ECB meeting in June 2024 – Commentary by Dr Jan Wicke

As expected, the ECB cut its key interest rates today – for the first time since 2019. Dr Jan Wicke, CFO Talanx AG, comments on the interest rate decision.

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

As expected, the ECB cut its key interest rates today – for the first time since 2019. But what is more interesting is looking ahead and the question of whether the ECB will actually follow up its words with action and decide on interest rate developments based on data. It is then worth taking a closer look at the meetings in September and December, when new macroeconomic projections will be available.

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