ECB’s Kocher Says Too Early to Predict Next Week’s Rate Outcome

European Central Bank Governing Council member Martin Kocher said uncertainty over the Iran war means he can’t yet predict what will happen when rate-setters meet in Frankfurt April 29-30.

Given the developments in the Middle East — with the situation is changing every day — “even though there’s still a week to go, it would actually be too early to say what decision will be made there,” he told reporters in Vienna on Wednesday.