ECB's Lane: Most recent data points towards mediocre inflation outcomes

Comments by ECB chief economist, Philip Lane

  • Such outcomes are below the ECB's preferred level

He is making reference to subdued inflationary pressures and it will be one of the reasons they will allude to when introducing their stimulus package next week. Nothing that jumps out of the script here really.

EUR/USD continues to hold firm at 1.1016 currently amid a weaker dollar on the more upbeat risk mood seen so far today.

investingLive Premium
Telegram Community
Gain Access