Where are the ECB's key interest rates heading?

Well then, do some thorough research in your primary source.

I have noticed for a while now that you are quite clever. You have to be, if you come from East Westphalia.

The yield on German government bonds is rising again, the Euro-Bund futures are falling, and accordingly, the banks' offers regarding interest rates will also rise again compared to last week's low point.

This raises the question - sign the loan agreement now - yes/no



Euro-BUND-Future | finanzen.net

The question arises - sign the loan agreement now - yes/no

I just consulted the crystal ball. There was only something vague to be seen. If you need the financing now (in the next few weeks), then go ahead and sign now. If you still have enough time, then wait a bit longer. Or maybe better wait anyway? Or sign tomorrow already? Somehow my crystal ball says something different every few seconds.

Currently, we see a sideways movement. An increase or decrease of 0.10% is practically unchanged interest rates. In the long term, no significant declines like in recent weeks are expected, as these declines were mainly due to market expectations of falling rates at the Fed/ECB (which were also recently announced by the Fed).

Thank you for the assessment. We will most likely take action next week.

The inflation trend does not look good, accordingly the market expectation for interest rate cuts is decreasing.
Therefore, the key interest rates will probably remain raised for longer -> mortgage rates as well.

3.4% at one of the major German banks currently.

Whether the development of inflation really looks bad is debatable. The latest figures are always qualified with the note of a special effect.

The experts who comment have no certainty either, but as I understand it, the expectation for 2024 is interest rates around 3 percent or a sideways movement. Interest rate cuts in mid/end 2024 are priced in.

That means if you need it now and sign, you probably won't make a big mistake. However, it might not be particularly urgent.

However, Buchsbaum had predicted interest rates of 6 percent and more for the end of 2023. Today they are clearly below 3.30 again for 10 years.