ECB’s Lane specifies three guiding factors for speed and scale of rate cuts

ECB Chief Economist Philip Lane reiterated the central bank’s cautious stance on interest rate policy in a speech overnight, underscoring that rate decisions will remain “data-dependent” and determined on a “meeting-by-meeting” basis. While ECB is open to rate cuts if inflation converges to target in sustainable manner, Lane emphasized that the bank is “not pre-committing […]

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