ECB to Reassess Interest Rates on a Meeting-to-Meeting Basis

ECB policymaker Martin Kocher has reaffirmed that the European Central Bank (ECB) will reassess interest rates on a meeting-to-meeting basis due to high uncertainty and price shocks in the Middle East. This approach was mentioned by Kocher in an interview with Austrian newspaper Kurier.

In his statement, Kocher emphasized that the ECB will assess the economic situation anew at every meeting, citing the need for flexibility in light of ongoing global developments. The exact timing of these rate decisions remains unclear, but Kocher's comments suggest a wait-and-see approach by the ECB.