Interest rates from the European Central Bank (ECB) are expected to remain unchanged at the April 30th meeting, according to estimates from Bank of America analysts. The fallout from the Middle East conflict and ongoing fuel price volatility are keeping the ECB in wait-and-see mode.
Read: ECB: Proposals for unified banking market and deposit insurance
Bank of America: No significant changes on the horizon
According to Bank of America’s report, no major developments have emerged, as energy market prices remain within expected ranges. What markets are anticipating is Christine Lagarde’s message regarding the ECB’s upcoming plans. It’s worth noting that on Thursday, April 30th, Eurostat will also release the preliminary estimate for eurozone GDP for the first quarter of 2026, which will likewise be evaluated by ECB officials.