March 27, 2018 / 8:01 AM / 10 months ago

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

Lithuania's new central bank governor Vitas Vasiliauskas poses for a picture in Vilnius April 15, 2011. REUTERS/Ints Kalnins

VILNIUS (Reuters) - Lithuania’s Vitas Vasiliauskas on Tuesday became the third European Central Bank policymaker in the matter of days to back market expectations for an interest rate increase in the first half of next year.

“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,” Vasiliauskas said, echoing comments by his German and Estonian peers in recent days.

Reporting By Andrius Sytas; Writing by Francesco Canepa in Frankfurt

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