ECB's Vasiliauskas backs market call for rate hike by mid-2019

Lithuania’s central bank Chief and European Central Bank (ECB) policymaker Vitas Vasiliauskas joined his German and Estonian peers in advocating the case for a rate hike in the first half of 2019.

Key Quotes courtesy Reuters:

Sees a deeper discussion on changes to policy in June

“The market is forecasting a change of interest in first half of 2019 – looking from today’s perspective, we can probably agree with the market forecast.”

On Monday, the European Central Bank (ECB) Governing Council Member and Bundesbank (Buba) Chairman Jens Weidmann said that the expectations for mid-2019 rate hike are "not completely unrealistic".