FRANKFURT: The European Central Bank (ECB) will end its negative interest-rate policy in January 2020 and start paying for deposits eight months after that, according to a Bloomberg survey of economists.
Liftoff is predicted for September next year, and the deposit rate is seen climbing to 0.25%, from minus 0.4% currently, by the end of 2020.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!