ECB's Lautenschlaeger Sees Possible 2019 Rate Hike on Inflation

The European Central Bank may increase interest rates next year if inflation picks up, executive-board member Sabine Lautenschlaeger said in an interview with Deutschlandfunk radio.

While Lautenschlaeger “hopes and expects” there will be a rate change in 2019, it depends on the inflation data in the first and second quarter, she said in an excerpt of an interview to be aired on Sunday, according to Reuters.