But a rate cut is expected within the next several months.
In the past cases, the stock market was almost always higher a year after the third rate cut.
A rate cut is not expected until the first quarter of next year.
She declined to state her position on a rate cut.
But many of them also said that the German rate cut might be the last for some time.
The bank's last previous rate cut was on April 18.
So the rate cut made some sense, but it will hardly be enough by itself.
Economic reports gave reason to believe the series of rate cuts is done or soon will be.
The Government made its mistake in 1990 by not giving a big interest rate cut.
Twelve months after a third rate cut, every industry group had moved higher.