ECB's Lane: 4% rate will do quite a bit to bring inflation to 2%

<ul><li>4% rate will do quite a bit to bring inflation to 2%</li><li>ECB is still very data dependent</li><li>expects rates to held sufficiently long at 4%</li><li>Key wage data will not be available until sometime in the 2024</li><li>Not seeing a toxic mix that will trigger a recession</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.