ECB likely to get out of negative rates by September, Lagarde says

Summary by Ground News

Lagarde's first explicit call for two interest rate hikes in quick succession. Lagarde expects net purchases under the [bond buy program] to end very early in the third quarter. Comments come after finance ministers and central bankers of the G7 economic powerhouses on Friday concluded their meeting with a pledge to fight mounting inflation.

1 month ago·Frankfurt, Germany

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Reuters

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

1 month ago·United Kingdom

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RTÉ

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.

1 month ago·Ireland

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Politico Europe

ECB’s Christine Lagarde signals July and September rate hikes

Central bank chief makes first explicit call for two interest rate bumps in quick succession.

1 month ago

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www.larazon.es

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

1 month ago

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Volkskrant

Lagarde now also says: ECB interest rate hike likely in July

The European Central Bank (ECB) is likely to raise interest rates in July. President Christine Lagarde expects the policy rate to be released at the end of September...

1 month ago·Amsterdam, Netherlands

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