ECB's Governing Council member Holzmann: I do not expect a turnaround to a positive interest rate environment next year, - Reuters

Market news

27 December 2019

ECB's Governing Council member Holzmann: I do not expect a turnaround to a positive interest rate environment next year, - Reuters

Says ECB is unlikely to be in a position to lift interest rates back into positive territory in 2020
Concerns will grow again next December when Britain's transition period for its withdrawal from EU is due to end
There is little time for negotiations on future relations, and the outcome of the negotiations is open

BoE expected to be on hold in 2020 – Nordea

U.S.: Looming money market tensions – BNP Paribas

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