European Central Bank Chief Economist Philip Lane, speaking at the Peterson Institute for International Economics (PIIE) on Wednesday, expressed confidence in the Eurozone's disinflation process, stating, "Inflation has continued to develop broadly in line with the staff projections and is set to...
European Central Bank Chief Economist Philip Lane (pictured) said Eurozone economy is on track for stronger growth in 2025 after a modest expansion of 1.1% in 2024.
He highlighted that investment activity gained momentum last year and is expected to continue supporting the recovery, while...
European Central Bank Chief Economist Philip Lane said on Monday that it is important to ensure that interest rates are in the middle range but that the bank still needs to determine this year what that middle range should look like."If they fall too quickly, it will be difficult to control inflation in the...
European Central Bank Chief Economist Philip Lane said at a conference in Hong Kong on Monday that more monetary easing is likely.
Lane noted that he expects consumption to improve in 2025, adding that the European economy is still recovering from the coronavirus pandemic.
Executive Board Member Philip R. Lane said on Wednesday that the bloc's disinflation process is "well on track" to reach the ECB’s 2% target by 2026.In his lattes speech, Lane noted that falling wage pressures and moderating services inflation support the downward trajectory. However, he warned of...
European Central Bank Chief Economist Philip Lane stated on Monday that consumer confidence across the euro area has been "subdued" since the start of the war in Ukraine and noted that the bank's meeting-by-meeting approach to monetary policy remains crucial to navigating potential...
European Central Bank (ECB) Executive Board member Philip Lane provided on Thursday insights on current inflation trends within Europe during a speech in Cleveland.He noted inflation indicators are showing a decline, now ranging from 1.9% to 2.8%, down from a peak of 3.4% to 7.5%. He...
European Central Bank (ECB) Executive Board member Philip Lane, speaking at the 2024 Institute of International Finance Annual Membership Meeting on Wednesday, highlighted several key economic trends.While recent data have raised some questions about growth projections, he emphasized that...
European Central Bank (ECB) Executive Board member Philip Lane said on Monday that it is appropriate to adopt a "gradual approach to dialing back restrictiveness" if incoming data is in line with the baseline projection. However, he noted the ECB should remain flexible if the data shows inflation...
European Central Bank's Chief Economist Philip Lane (pictured) discussed the euro area's monetary policy effectiveness at the Kansas City Fed’s Economic Policy Symposium in Jackson Hole.
Lane highlighted that the ECB's tightening measures aimed to control inflation and stabilize...
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