LGT Navigator: ECB continues to postpone interest rate turnaround
March 8, 2019
In view of a noticeable weakness in growth, the European Central Bank (ECB) feels compelled to postpone its targeted interest rate turnaround until at least the end of the year. In addition, the central bank will support the economy with renewed injections of liquidity. In its economic projections, the ECB is much more cautious and anticipates weaker economic growth and lower inflation.