Comments by ECB member Vitas Vasilauskas
Does he mean six months into 2019? Surely there are no forecasts or any indication that the ECB would move at the end of this year to raise rates. Or am I missing something here?
It's quite perplexing because the money market pricing for an ECB rate hike in June 2019 has fallen under 70% to roughly 63% currently following the poor PMI figures this week. The market is only fully pricing in a rate hike by September 2019.
If anything, feels like he means that he doesn't disagree with a rate hike to come after QE - which is planned to end by this year. Another headline lost in translation it seems.
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