ECB Lane: Interest rates have to be higher under vast majority of scenarios

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ECB Lane: Interest rates have to be higher under vast majority of scenarios

ECB Chief Economist Philip Lane said in an FT interview published today, “we’re not yet at the level of interest rates needed to bring inflation back to 2 per cent in a timely manner”, and “it still requires work”. Under the “vast majority” of the scenarios, “interest rates do have to be higher than they […]

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