ECB Lane: Scale and timing of interest normalization are data-dependent

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ECB Lane: Scale and timing of interest normalization are data-dependent

ECB Chief Economist Philip Lane said in a Bloomberg TV interview, “the story is not the issue about are we going to move away from -0.5% for the deposit rate. The big issue which we do need to still be data-dependent about is the scale and the timing of interest-rate normalization.” “In the near-term, yes, […]

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