Lane Says ECB Won't Be Boxed In on Rate Path
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European Central Bank Chief Economist Philip Lane stated that the ECB would not be constrained in its path for adjusting interest rates amid ongoing effects of higher energy prices. His remarks came at the ECB Forum on Central Banking in Sintra, Portugal.
European Central Bank Chief Economist Philip Lane says second-round effects from higher energy prices may take some time to show up, and that policymakers won't be boxed into a particular path on interest rates. He made the comments during an interview with Bloomberg's Francine Lacqua at the ECB Forum on Central Banking in Sintra, Portugal. (Source: Bloomberg)