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Lane Sees Double-Sided Risk Of Spiraling Inflation & An Economic Slowdown (CNBC)

ECB
Key snippets from the latest CNBC interview with ECB chief economist Lane:
  • “On the one side, that could be forces that keep inflation higher than expected for longer. On the other side, we do have the risk of a slowdown in the economy, which would reduce inflationary pressure.”
  • “So it’s very much having a clear vision for the next couple of meetings, having an orientation to move away from the very low rates we’ve had for quite a few years, but also fully respecting the importance of being data dependent. And to retain the optionality to respond to what we see, in the coming months."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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