ECB's Hansson says higher rates are possible before mid-2019

Comments by ECB member Ardo Hansson to Estonian newspaper Sakala

  • Market expectations are for interest rates to start a moderate rise in mid-2019
  • If inflation is moderately rising, then exit could be a bit faster
  • Would like to think that the new normal is positive interest rates

It is not noted when Hansson delivered those remarks, but they don't look like they're extremely old ones. If anything, this further reinforces the hawkish expectation ahead of the ECB meeting next week.

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