European Central Bank executive board member Kocher: It is still too early to predict next week's interest rate decision.

Member of the European Central Bank's Governing Council, Martin Kocher, stated that due to the uncertainty surrounding the Iran war, he is currently unable to predict what decision the bank will make at its interest rate decision meeting in Frankfurt on April 29th and 30th. He told reporters in Vienna on Wednesday that given the developments in the Middle East - where the situation is changing every day, "it is actually too early to say what will be decided at that time, even though the meeting is still a week away." "We have a clear policy, which is to make decisions step by step at each meeting," he said. "This means that a decision will be made next week based on the data available by mid next week."