HomeLive CommentsECB Lautenschlaeger still expects 2019 rate hike, but data driven

ECB Lautenschlaeger still expects 2019 rate hike, but data driven

ECB Executive Board member Sabine Lautenschlaeger, a known hawk, said the central bank could still raise interest rate in 2019. She told Politico that “I’ll wait for the projections coming in March before I change my view”. She added “I’m data-driven in this, and I think that as we are still in the environment we projected.”

Also, pointing to recent dip in inflation, she said “It was clear that with the base effects of the energy prices, the inflation rate would drop”. However, “The core inflation rate didn’t dip that much.”

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