ECB’s Weidmann: Expectations for mid-2019 rate hike "not completely unrealistic"

The European Central Bank (ECB) Governing Council Member and Bundesbank (Buba) Chairman Jens Weidmann is out on the wires now, via Reuters, making a scheduled speech titled "New Momentum for Europe" at the central bank of Austria, in Vienna.

Key Headlines:

Expectations for mid-2019 rate hike "not completely unrealistic".

Sees 2020 inflation more or less in line with ECB's goal.

The diversity of views on governing council is a strength for the ECB.

Says that ECB policy normalization should start soon.

Says that EU exemption from the US tariffs not a free-trade victory.

Current rule-based, multilateral trade framework must also be maintained.