ECB Official Signals No Debate on Rate Rises Before October 2019

Head of Lithuania’s central bank echoes Mario Draghi’s recent caution on policy

VILNIUS, Lithuania—European Central Bank officials could start to discuss raising short-term interest rates from autumn next year, a top ECB policy maker said, amplifying the caution expressed by the bank’s President Mario Draghi in recent days.

The ECB’s patient approach comes as the 19-nation eurozone economy slows and faces burgeoning threats, including rising oil prices and escalating trade tensions between the world’s biggest economic blocs.

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