Economics
Draghi Will Just About Lift ECB Interest Rate Before Leaving
- Economists expect deposit rate will rise by September 2019
- Governing Council to clarify policy guidance by March: Survey
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Mario Draghi will squeeze in one interest-rate increase before his term as European Central Bank president ends next year, according to a Bloomberg survey of economists.
Most respondents pushed back their expectations for a hike to September 2019, the month before Draghi is due to leave. The change is a response to policy makers’ guidance that rates will remain at record lows at least through the summer.