ECB’s mission accomplished - for now

Yesterday, as expected for months, the ECB cut its key interest rates for the first time since 2019, despite recent inflation developments in the eurozone raising doubts.

“The rate cut was the right move,” says LBBW Chief Economist Moritz Kraemer. “Even with a deposit rate of 3.75%, monetary policy remains tight.”

Find out what LBBW Research expects for the ECB’s interest rate policy in the coming months in the latest issue of To the point!