• ECB’s Lane: Inflation over 2% is costly for the economy

Noticias del mercado

22 septiembre 2023

ECB’s Lane: Inflation over 2% is costly for the economy

European Central Bank (ECB) Chief Economist Phillip Lane said early Friday, “inflation over 2% is costly for the economy.”

Additional quotes

Central banks try to hit inflation in the medium term.

Won't be speculating on future European Central Bank policy moves.

The most efficient wat to tighten monetary policy is via interest rates.

Market reaction

EUR/USD was last seen trading at 1.0640, down 0.15% on the day.

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