Economics
The ECB May End its Negative Interest-Rate Policy in 2020
- Economists expect first deposit-rate increase in Sept. 2019
- Italian politics, global trade tensions top list of concerns
European Central Bank headquarters in Frankfurt.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
The European Central Bank will end its negative interest-rate policy in January 2020 and start paying for deposits eight months after that, according to a Bloomberg survey of economists.
Liftoff is predicted for September next year, and the deposit rate is seen climbing to 0.25 percent, from minus 0.4 percent currently, by the end of 2020. No change in monetary policy is predicted at the Governing Council’s meeting on Thursday.