ECB's chief economist Lane: ECB still has a lot to do to raise inflation

Market news

20 May 2021

ECB's chief economist Lane: ECB still has a lot to do to raise inflation

Supply bottlenecks causing price rise is not real inflation
Does not see environment in Eurozone for persistent inflation
A lot of the inflation rise now is the unwinding of downside shocks of last year

EUR/USD remains well supported above 1.2105, on course for 1.2350 - Credit Suisse

UK manufacturers’ order book balance improves much more than forecast in May

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