Tag Archives: Philip Lane

The European Central Bank’s chief economist, Philip Lane, hinted at a possible shift in monetary policy during a lecture at Imperial College Business School in London on Friday. His comments highlighted a potential easing of tight job market, which has been a key concern for the ECB in recent years.ECB’s …

European Central Bank Chief Economist Philip Lane said on Wednesday that the central bank stands ready to take whatever action is needed to fulfill its responsibilities to ensure that price stability and financial stability in the euro area is maintained, reported Reuters. Key Quotes:“The medium-term orientation allows for inevitable short-term …

On Wednesday, the UK’s Office of National Statistics (ONS) revealed higher than expected inflation figures. The conflict between Russia and Ukraine weighed on the single currency. The EUR/GBP breach of 0.8345 would exacerbate a fall towards 0.8300.On Thursday, as the American session progresses, the EUR/GBP drops for the second consecutive …

The ultra-low inflation seen in the euro zone until recently are unlikely to return even after the pandemic is over, the European Central Bank’s chief economist Philip Lane said, citing changes in the global economy among other factors.Lane had dismissed the notion of a new era for inflation until recently …

The EUR/GBP pair hit fresh annual highs in the 0.8470s but has since pulled back to consolidate around the 0.8450 area, where it trades broadly flat on the session.The latest remarks from ECB President Christine Lagarde before the EU parliament did not add anything new to her remarks in last …

Major European stock indexes closed higher on Tuesday, ending a three-day losing streak, as tech shares rebounded and as investors welcomed upbeat corporate updates.Delivery Hero jumped 5% after saying it expects its food delivery business to break even during the second half of 2022 as demand has soared since the …

Eurozone inflation will ease next year and there is no sign that investors or consumers expect runaway prices in the medium term, the European Central Bank’s chief economist said on Thursday.“We’re not seeing expectations de-anchoring to the upside,” Lane told an online event hosted by the U.S. Federal Reserve.“Right now …

The European Central Bank (ECB) is scheduled to announce its monetary policy decision this Thursday at 11:45 GMT, which will be followed by the post-meeting press conference at 12:30 GMT. Today’s ECB announcement may have more significance and is closely followed by the markets as it is one week ahead …

ECB chief economist Philip Lane said on Tuesday that it is challenging to reconcile the market rate pricing with forward guidance.According to Lane, market expectations for future interest rates do not square with the European Central Bank’s guidance for no hike until inflation is seen stably at 2%.“When you look …

European Central Bank Chief Economist Philip Lane pushed back against warnings over accelerating inflation, saying there’s “very solid evidence” to believe that the current spike won’t last. “The red zone for everyone is if inflation became persistent at a number that’s immoderately above the inflation target,” Lane said on Thursday.“That’s …