Interest rates could stay lower for longer in Europe - News Summed Up

Interest rates could stay lower for longer in Europe


The sun rises behind the buildings of the banking district in Frankfurt, Germany, Sunday, Jan. 20, 2019. (Michael Probst/Associated Press)FRANKFURT, Germany — Multiple threats stalking Europe’s economy mean the European Central Bank could keep interest rates at rock-bottom levels longer than expected. Speculation about a possible longer path to the first rate increases in Europe since 2011 has grown ahead of the European Central Bank’s meeting Thursday. The reason for the doubts in Europe: the economy has slowed and faces worrisome hurdles in the months ahead. Those include a possibly chaotic Brexit, the U.S.-China trade dispute, and the threat of U.S. auto tariffs on the EU.


Source: Washington Post January 21, 2019 11:37 UTC



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