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Lane: May Not Time To Stop Hikes, Data-Dependent Beyond There

ECB

Comments from ECB chief economist Lane, via an interview with le Monde, aren’t a needle mover at first glance. Lane points to the need for a hike at next month’s monetary policy meeting (without prescribing a specific increment), with that meeting not presenting the time to pause when it comes to rate hikes. He also reaffirmed that data-dependence will drive decisions beyond the May meeting, while playing down similarities to 1970’s style inflation.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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