Dusseldorf Investors are holding back before the forthcoming interest rate decision by the European Central Bank. The leading German index was down 0.4 percent on Thursday at 16,239 points. On Wednesday, the Dax had reached a record high, the new record is 16,336 points.
The markets are dominated by the central banks this Thursday. The most important date for investors is the ECB interest rate decision in the afternoon.
Experts assume that the central bank will raise interest rates for the eighth time in a row, with an increase of 0.25 percentage points. With its future decisions, the ECB will ensure that the key interest rates rise to a level that slows down the economy enough to bring inflation back to two percent, ECB boss Christine Lagarde recently assured the European Parliament.
>>Read here: These four points are important at the ECB meeting
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