HomeLive CommentsECB Lane: Lot of weight attached to mediocre inflation outcomes

ECB Lane: Lot of weight attached to mediocre inflation outcomes

ActionForex
By ActionForex

ECB Chief Economist Philip Lane said that inflation is staying well below target, but there is no deflation risk yet. He said, “The most recent financial data says there is a lot of weight attached to mediocre inflation outcomes, inflation outcomes between 0 and 1.5%, below the aim of the ECB.”Also, he noted that scale of slack in the Eurozone remains extensive.

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