ECB Weidmann: Not Unrealistic to See 1st Rate Hike Mid-19

ECB Weidmann: Not Unrealistic to See 1st Rate Hike Mid-19

Market expectations that the first European Central Bank interest rate increase for the current cycle will come in the middle of next year are a plausible anticipation of the way forward, Governing Council member Jens Weidmann said Monday.

“Markets expect a first hike in interest rates at about t…

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