Hamburg Commercial Bank

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“This stability creates planning security and reduces short-term interest rate risks, not least for real estate financing.”

Statement on the ECB's interest rate decision by Stefan Hoenen, Head of Commercial Real Estate, Hamburg Commercial Bank (HCOB)

Statements

As expected, the ECB has left the deposit rate at 2.0 percent, sending a clear signal of monetary policy continuity

As expected, the ECB has left the deposit rate at 2.0 percent, sending a clear signal of monetary policy continuity.

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Peter Axmann

If inflation stabilises at current levels and GDP growth slows noticeably due to lower US demand for European goods as a result of the tariff increases, I think a 25 basis point rate cut in December is likely.

As expected, the ECB has left key interest rates unchanged in order to continue to monitor the currently rather stagnating economic development.

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