Tag: Philip Lane

Eurozone Inflation Doesn’t Require Significant Policy Tightening, ECB’s Lane Says

February 10, 2022
Business & EconomyECBeconomic policieseconomyEuropeeurozoneinflationPhilip LaneWorld
0 Comment

FRANKFURT—Eurozone inflation will return to trend without significant policy tightening by the European Central Bank as pandemic-related bottlenecks in goods as well as labor are resolved, the ECB’s chief economist Philip Lane said on Thursday. Lane was defending his long-held view that the current, record-high inflation rate in the eurozone was temporary in the face…

Read More

ECB Asks for Governments’ Help to Hit Inflation Goal

November 12, 2021
Business & EconomyBusinesses in COVID-19CompaniesECBeconomic policiesEconomiesEuropegoalGovernmentsinflationPhilip LaneWorld
0 Comment

FRANKFURT—European governments should be allowed to spend more when inflation is below the European Central Bank’s 2 percent inflation goal and vice versa, the ECB’s chief economist Philip Lane said on Friday. European Union governments are debating how to reform the EU’s fiscal rules to deal with a pandemic-induced surge in public debt and with…

Read More

ECB’s Lane Reveals in Private Meeting Inflation Target May Be Met by 2025: Report

September 17, 2021
Business & EconomyECBEconomiesEuropeinflationmeetingPhilip LaneWorld
0 Comment

FRANKFURT—European Central Bank (ECB) chief economist Philip Lane revealed in a private meeting with German economists that the ECB expects to hit its 2 percent inflation goal by 2025, the Financial Times said on Thursday in a report that was partly disputed by the bank. The ECB had not made this long-term forecast public, meaning…

Read More