Weidmann Says Predictions for Mid-2019 ECB Rate Hike Are Realistic
- Bundesbank president speaks in interview with FAZ newspaper
- End of asset purchases this year would be ‘appropriate’
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Bundesbank President Jens Weidmann said that analysts’ expectations that European Central Bank interest rates won’t rise before the middle of next year are reasonable.
“Those expectations seem to be grosso modo in line with the current forward guidance of the ECB Governing Council, which says that interest rates will only increase well beyond the end of net asset purchases,” he said in an interview with Germany’s Frankfurter Allgemeine Zeitung published Tuesday.