First ECB Rate Rise Possibly  in Mid-2019
First ECB Rate Rise Possibly  in Mid-2019

First ECB Rate Rise Possibly in Mid-2019

First ECB Rate Rise Possibly in Mid-2019

The European Central Bank’s first interest rate rise could take place at some point through the summer of 2019 at the earliest if inflation conditions warrant a move, ECB policy maker Francois Villeroy de Galhau said on Wednesday, Reuters reported. “Net asset purchases should end in December; the first interest rate rise could take place at the earliest through the summer of 2019 depending on the inflation outlook,” Villeroy told a financial conference in Paris. The ECB said in June it expected its key interest rates to stay unchanged at least “through” the summer of 2019, leaving investors guessing whether it could mean a decision during the summer or only later. Financial markets have since positioned for a first rate move closer toward the end of 2019 despite the ECB’s guidance, largely echoed by Villeroy in his comments.


Short URL : https://goo.gl/6hT4pw
  1. https://goo.gl/ZdHw8Z
  • https://goo.gl/csFcF2
  • https://goo.gl/jhp8Pg
  • https://goo.gl/k4Wqbv
  • https://goo.gl/BonMRu

You can also read ...

India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
UN to Help Rebuild Gaza Economy, Create Jobs
Against the backdrop of rapidly rising tension, violence,...
Africa Next Frontier for Crypto
Cryptocurrency is not bound by geography because it is...
All Asian currencies have declined this year in the fallout from the US-China trade war.
Don’t be fooled as Asian currency swings seemed to be...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...

Add new comment

Read our comment policy before posting your viewpoints