June 18, 2018 / 12:55 PM / 10 months ago

ECB rate hike decision likely around autumn of 2019: Vasiliauskas

FILE PHOTO: Lithuania's central bank governor Vitas Vasiliauskas speaks during the Euro Conference in Vilnius September 25, 2014. REUTERS/Ints Kalnins/File Photo

VILNIUS (Reuters) - The wording of the European Central Bank’s interest rate guidance suggests a decision on a possible hike around the autumn of 2019, Governing Council member Vitas Vasiliauskas said on Monday.

The ECB last week said it expected its key interest rates to stay unchanged at least “through” the summer of 2019, leaving investors guessing whether it could mean a decision during the summer or only later.

“We said “through the summer”, but as traditionally there is no meeting in August, it is obvious that we could talk about September-October,” Vasiliauskas told reporters. “I’d say it goes towards autumn.”

Reporting by Andrius Sytas; Writing by Balazs Koranyi; Editing by Toby Chopra

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