ECB's chief economist Lane firmly believes that rates will be higher in future because of easy policy now

Market news

5 February 2020

ECB's chief economist Lane firmly believes that rates will be higher in future because of easy policy now

Says low rates are helping Germany get through slower growth period
Sees improvement for inflation in coming years
But not all the way to ECB's target

European session review: CNY and AUD strengthens amid reports of drug breakthroughs for coronavirus

ECB's president Lagarde: Forward guidance on rates and asset purchases act as an effective automatic stabiliser

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