ECB's chief economist Lane: Euro area low interest rate phase is temporary

Author: Greg Michalowski | Category: Central Banks

Phillip Lane speaks in an interview with Reuters

Philip Lane the chief economist for the ECB in an interview with Reuters says:
  • Euro area fiscal policymakers can do more
  • Monetary stimulus is still effective
  • Euro area low interest rate phase is temporary
  • Brexit uncertainty is holding back European economy
  • UK not big enough to be driving force on euro zone future 

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