ECB member Philip Lane speaks to Bloomberg TV
- Interest rate policy is just one of many tools
- ECB has a wide range of tools at its disposal
- Gears have shifted on signaling after last week
- There is a mixed picture in the global economy
- Trade dimension is a risk factor
- World economy prospects are balanced
- But need to keep a close eye on the trade issue
- Wider, persistent trade war would be a concern
Some jibber-jabber there from Lane. Nothing to really change the overall picture that we have on the ECB and on trade for that matter.
