ECB's Lane: Further easing can be provided if required
Comments by ECB chief economist, Philip Lane
- ECB is always seeking most effective methods to deliver on its mandate
- Evidence shows that enhanced forward guidance has been effective
- It should be understood that a change to the date-based leg of the forward guidance is not intended to ratify market views
Singing the same old tune since Draghi's speech in Sintra last month. Expect more comments like these to come from ECB members ahead of their monetary policy meeting later this month on 25 July.