Some ECB Members See End-2019 Rate Hike as Too Late

  • Governing Council plans to end net asset purchases this year
  • Numbers indicate economy stabilizing after weak start to year
ING-DiBa’s Carsten Brzeski sees at least one hike before Draghi’s term as ECB President expires on Oct. 31, 2019.Source: Bloomberg
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Some European Central Bank policy makers are uneasy that investors aren’t betting on an interest-rate hike until December 2019, according to people familiar with the matter.

A move in September or October next year is on the cards, the people said, asking not to be named because the discussions are confidential, even though any decision on rates will depend on the economic outlook at the time.