ECB likely to get out of negative rates by September, Lagarde says
13 Articles
13 Articles
The ECB will raise interest rates in July and aims for September to leave negative rates behind
The president of the European Central Bank, Christine Lagarde, points to the meeting of the bank's Governing Council scheduled for next July as the opportune moment to undertake the first increase in more than a decade
ECB likely to get out of negative rates by September
The European Central Bank is likely to lift its deposit rate out of negative territory by the end of September and could raise it further if it sees inflation stabilising at 2%, ECB President Christine Lagarde said today.
ECB likely to get out of negative rates by September, Lagarde says
FRANKFURT -The European Central Bank is likely to lift its deposit rate out of negative territory by the end of September and could raise it further if it sees inflation stabilising at 2%, ECB President Christine Lagarde said on Monday. She was accelerating an already sharp policy turnaround, which has seen her go from all but ruling out rate hikes this year to now pencilling in several
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