ECB has ‘no room for complacency’, Lane says

Philip Lane
Philip Lane

The European Central Bank’s chief economist Philip Lane has stressed it is ready to increase its stimulus if necessary, in comments in a blogpost today (September 11).

Lane’s comments are considerably more forceful about risks facing the eurozone than the statement by ECB president Christine Lagarde in the monetary policy press conference the previous day.

“The governing council stands ready to adjust all of its instruments, as appropriate, to ensure that inflation moves towards its aim in a

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