ECB's Lane emphasizes long road ahead before rate cuts : vimarsana.com

ECB's Lane emphasizes long road ahead before rate cuts

In an interview with Het Financieele Dagblad, ECB Chief Economist Philip Lane stressed the European Central Bank's stance on the prevailing inflationary conditions. Highlighting the central bank's efforts, Lane remarked, "Because inflation is too high, we're trying to deliver interest rates that are significantly above the neutral range." He affirmed the bank's commitment to maintaining this position, stating, "We will keep interest rates high for as long as necessary."

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Financieele Dagblad , European Central Bank , Het Financieele Dagblad , Economist Philip Lane ,

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