Economists Assessed the ECB's Interest Rate Decision.

Observador

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The ECB's new interest rate increase, which should not be the last, and maintaining high oil prices will keep family budgets under pressure.

wiwo.de

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The German stock market reacted negatively to the ECB's second interest rate increase this year as well as to dim inflation prospects. An overview after the close of the stock exchange.

berliner-sonntagsblatt.de

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On Thursday, the Dax subsided. At the Xetra trade close, the index was calculated at 25,361 points, a decrease of 0.8 percent compared to the previous day's close. The Dax initially remained just below the previous day's close, before it slipped deeper into the minus in the early afternoon. "The European Central Bank's interest rate increase was consensus," commented Andreas Lipkow, CMC Markets Chief Market Analyst. The big question will be whet…

Haberler

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Clemens Fuest, Head of the Economic Research Institute: "Inflation is somewhat lower in Germany. Given that the economy remains quite weak despite some glimmers of hope, this interest rate hike comes at an unfortunate time for Germany." Carsten Brzeski, Head of Global Macro Research and Chief Economist for Germany at ING: "In the current situation, doing nothing would have done far more damage to the bank's credibility than taking action."