Statement Prof. Dr. Felix Schindler, Head of Research & Strategy, HIH Invest:
"The ECB is continuing its course at its first meeting in 2026 and leaving key interest rates at their current level. This ECB interest rate decision was expected by market participants on the capital markets, but also on the real estate markets. Inflation rates in the euro area and Germany continue to be within the ECB's target corridor at the start of the year. Base effects on energy prices and exchange rate effects are likely to expire in the course of the year. The core inflation rate – driven by the services sector – remains above the target and remains to be monitored. The high level of geopolitical uncertainty and high volatility on the capital markets are also likely to continue in the further course of the year. The ECB is therefore currently in a comfortable position with its course to be able to react accordingly if necessary."
