1113 GMT - Central bank governors have rarely made so few comments ahead of a meeting as the European Central Bank ahead of next week's decision, but the latest data also suggests that there is no urgent need for action, says DWS's Ulrike Kastens. Growth in the eurozone was higher than expected in the first half of the year, the labor market is only showing signs of weakness in a few countries, and inflation is hovering around the 2% mark. In line with the market, DWS expects the ECB to keep rates on hold. "Nevertheless, given the existing economic risks, we maintain our view that a further interest rate cut is likely," Kastens says. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

September 04, 2025 07:13 ET (11:13 GMT)

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