Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

ECB May Raise Interest Rates Before Ending QE

The European Central Bank will decide at a later time whether to raise interest rates before or after ending its bond purchase program, ECB policymaker Ewald Nowotny told a newspaper on Thursday.

The Austrian Central Bank governor said the ECB could hike its remuneration of bank deposits, currently below zero, before the main rates at which it lends to banks.

His comments raise questions about the ECB’s own guidance, reiterated only a week ago, that rates will stay at the current level, or even fall, until well after the ECB’s 2.3 trillion euros ($2.48 trillion) bond-purchase program ends.

Reuters

Dollar Correction Offers Reprieve For Commodities

Turkish Lire Rallies As CBRT Tightens.

Image

Image – EUR Euro Eurozone ECB European Central Bank


This post first appeared on MarketPulse - MarketPulse - MarketPulse Is The Mar, please read the originial post: here

Share the post

ECB May Raise Interest Rates Before Ending QE

×

Subscribe to Marketpulse - Marketpulse - Marketpulse Is The Mar

Get updates delivered right to your inbox!

Thank you for your subscription

×