Global Economic News

ECB's Holzmann Says Interest Rates Unlikely To Turn Positive In 2020

The European Central Bank is unlikely spring any major surprise next year by raising interest rates into positive territory, policymaker Robert Holzmann said Friday.

"I do not expect a turnaround in 2020 to a positive interest rate environment," Holzmann, who heads Austria's central bank, said in a statement. "In terms of content, however, we will certainly continue to deal with the topic of green finance next year."

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by RTTNews Staff Writer

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