interest rate cut

Monetary policy expert Volker Wieland believes that the current interest rate level in the eurozone is not particularly restrictive. Therefore, there is much to suggest that key interest rates will not be lowered before June.

There is concern that the ECB may lower interest rates too late in light of the successes in reducing inflation. Even though the ECB must be aware of this risk, it should by no means give in to market expectations of an interest rate cut by April.