- Analytics
- News and Tools
- Market News
- ECB's Lane: It is appropriate to normalise monetary policy
ECB's Lane: It is appropriate to normalise monetary policy
European Central Bank (ECB) Chief Economist Philip Lane reiterated on Wednesday that it was appropriate to normalise the monetary policy, as reported by Reuters.
Additional takeaways
"Eurozone inflation is still moving towards ECB's 2% target in the medium-term."
"The fact that households are upwardly revising their inflation beliefs is a concern."
"Uncertainty about war and inflation requires a lot of flexibility."
"It is an important principle that "If you ignore the problem" you will have to address it later on, but we have not ignored the problem."
"Exact speed of subsequent monetary policy moves after Q3 will be decided depending on the economy."
Market reaction
The EUR/USD pair showed no immediate reaction to these comments and was last seen losing 0.6% on a daily basis at 1.0670.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
