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
ING Says It's Hard to Make `Constructive' Outlook for Euro
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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 surveyBloomberg Terminal 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.