ECB's Lane: Further rate hikes beyond May will depend on the data

  • Remarks by ECB chief economist, Philip Lane
  • Latest data suggests that we have to hike rates again in May
  • This is still not the right time to stop raising rates
  • Does not think that Europe is in a 70's style situation with regards to inflation

Well, this position is very well known already going into next week's policy decision. It remains to be seen whether or not that will involve a 25 bps or 50 bps rate hike though.

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