ECB’s Kocher: Too early to predict July’s interest rate decision
European Central Bank (ECB) Governing Council member Martin Kocher stated in the European trade on Friday that it is too early to discuss what the central bank will do in the July meeting.
Remarks
There are six weeks until the next rate-setting meeting at the end of July.
A lot can happen in that time. Who knows what developments we will have.
Market reaction
No immediate response by the Euro (EUR), following ECB Kocher's remarks. During press time, EUR/USD is down 0.17% to near 1.1560.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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