Unchanged key interest rate: assessment by Annika Steiner, Partner at Wüest Partner

The ECB is leaving the key interest rate at 2.00 percent, signaling that it is waiting for the time being. It is likely to be a well-chosen period for a pause in interest rate cuts after the ECB reaches the neutral range of its monetary policy in June 2025. For the real estate market, this means above all planning security: financing should remain possible at short notice at similar conditions, which will facilitate transactions and stabilize project calculations. Noticeable effects would only be expected in the event of a further interest rate cut or an increase in risk premiums