ECB's Lane: Central bank will have new comprehensive forecasts in March

Author: Justin Low | Category: Central Banks

ECB governing council member and newly appointed chief economic, Philip Lane, speaks in Hong Kong

Lane ECB
  • ECB has acknowledged movement of risks towards the downside
  • ECB to take a measured approach on incoming data
  • ECB has data-dependent perspective on monetary policy
  • Important to recognise ECB policy provides a lot of support
  • Europe's domestic engine remains 'pretty strong'
ForexLive
Well, new forecasts need not necessarily mean a change in rate guidance but we'll see. Either way, if economic data continues to trend downwards in the next month then it's likely markets will begin to price in a more dovish ECB by the time the March meeting hits.

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