Interest Rates Have Stagnated - neither up nor Down

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Both the European Central Bank (ECB) and the US Federal Reserve (FED) are holding meetings next week. However, neither the Europeans nor the Americans seem to plan to make decisions on key interest rates at these meetings. In both cases, a wait-and-see and cautious assessment of the situation has been chosen.

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Ulrike Kastens Market Consensus (DWS) The European Central Bank is facing a difficult meeting next Thursday. It is expected to keep the deposit rate at 2% without first committing itself to a new track record of interest rates. However, given recent geopolitical changes, the question arises as to whether the ECB’s assessment that it is in a good position remains adequate. The crucial question here is how long the war with Iran will last and how…