ECB’s Lane: We only have to be restrictive if inflation momentum is above 2%

  • But what we see now is inflation momentum more in the direction of being around 2%

In other words, he’s saying the ECB need not be restrictive anymore considering the latest inflation developments. Sure, sure. I’m certain they’re not speeding up the narrative because the economy is slowing down or whatever. Pfft. /s

This article was written by Justin Low at www.forexlive.com. Source